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The typical Chinese adult is now richer than the typical European adult, a new wealth report finds
(www.businessinsider.com)
this post was submitted on 03 Dec 2022
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I don't believe that the average and median values are the same. I don't think those who wrote the article understand the difference.
The language they use is imprecise, but that does appear to be the median wealth in China right now https://www.globaltimes.cn/page/202209/1276225.shtml
Yes, the median wealth is noted in the article. The average wealth, however, is not. At this point I don't think you understand the difference either. Thank you for the conversation, let's try again later on a different topic.
Median is an 'average' (it is the mean of ranks), just not the arithmetic average ('mean') of the values. Text is correct - no need to get upset because you did not get it. Anyway, the numbers are meaningless as they do not tell us how wealth is distributed (e.g., what is the interquartile range - central 50%) and we cannot conclude anything about the wealth of the majority (>50%) of people.