Fifth of Hong Kong residents live below poverty line, new index shows
HK is PoorHong Kong (CNN) -- Hong Kong, with its glittering skyscrapers and luxury malls, is home to some of the world's richest people but new government figures show that a fifth of its population lives in poverty.
About 1.3 million people, or 19.6%, of the population were deemed to be living below the poverty line in 2012, according to the Hong Kong Poverty Situation Report 2012 released on the weekend.
Leung Chun-ying, would announce a package of measures early next year to help those struggling to make ends meet.
The 2012 poverty line for one-person households was set at a monthly income of 3,600 Hong Kong dollars ($464); 7,700 Hong Kong dollars ($993) for a two-person household, 11,500 Hong Kong dollars ($1,483) for a three-person household and 14,300 Hong Kong dollars ($1,844) for a four-person household.
Innovative package?
In other words, another 6K HKD for me and you...