Connect with us


“Half of the Working M’sian Chinese Earn a Monthly Salary of Less Than RM2,350”


"half Of The M'sian Chinese Who Work Earn A Monthly Salary Of Less Than Rm2,350" - World Of Buzz 2
Source: Sunday Times

Follow us on Facebook, Youtube, Twitter, and Instagram for the latest stories and updates daily.

There are often quite a few different stereotypes in Malaysia about certain races that can be rather untrue and unfair. Spread love, not hate! Recently, an economist, Dr Muhammed Abdul Khalid refuted one of these perceptions and said that contrary to popular belief, the Chinese in Malaysia aren’t all that wealthy. #Truestory

Majority Of Chinese In Malaysia Earn Low Incomes, Economist Says - World Of Buzz 1

Source: sim

According to the Malaysian Insight, he said that there has always been a myth that the Malaysian Chinese are rich but data collected from government agencies shows that most of them are actually wage earners in the community. Many people make that assumption based on what they see, which is not accurate. Don’t judge a book by its cover!

Khalid, who is DM Analytics founder and chief economist, said, “When we talk about inequality or poverty, the gap between the races has actually decreased, compared with 40 years ago. Many people think the Chinese are rich. But that is not quite right. Yes, some of them are rich, but the majority of Chinese Malaysians is working class. The percentage does not differ much from the Bumiputeras, who are also working class.”

In fact, it has been said before that the income gap among the rich and poor Malaysian Chinese is actually the highest compared with other ethnicities. The data shows that eight in 10 Chinese are in the working class and not actually rich employers. 

“Data from the Statistics Department in 2016 showed that 70% of the Chinese were working class, compared with 72% Bumiputera and 83% Indians. However, there are more Chinese employers at 8% than Bumiputera and Indian employers, which are both 3%,” said Khalid.

"half Of The M'sian Chinese Who Work Earn A Monthly Salary Of Less Than Rm2,350" - World Of Buzz 1

Source: sunday times

One of the main reasons for the low income is that employers are not distributing the profit to the workers; instead, they keep a large portion of it for themselves. Uhm, sharing is caring ok? 

“Income distribution to workers is still low. From every RM1 that we earn, how much does the government take through taxes; how much does the government earn; how much do the corporations profit? Income for workers is still low compared to capitalist countries, such as the United States, Britain, and Singapore. In Singapore, the workers’ share of the economy is bigger. Here, not so much,” he said.

Although the poverty rates of Malaysian Chinese have dropped, this doesn’t mean that everyone is living a good life. He said that the difference is that many of them are living right on the brink of poverty, and this is true for all races in Malaysia. Just a slight tip can slide them right into the poverty category!

“Among the Chinese, half of those who work earn a monthly salary of less than RM2,350. This is a difference of only about RM400 from Malays who work. The majority earn low salaries, not between RM5,000 and RM6,000,” he added.

Do you agree with his statement? Tell us your thoughts in the comments! 


Also read: Income Gap Biggest Between Rich and Poor M’sian Chinese, Study Shows

M'sian Chinese Community Has Biggest Income Gap Between The Rich And Poor, Statistics Show - World Of Buzz 3

Follow us on Facebook, Youtube, Twitter, and Instagram for the latest stories and updates daily.

Just In

Khairy Surprise Visit To Kajang Khairy Surprise Visit To Kajang
News10 hours ago

Health Minister Makes Surprise Visit To Kajang Hospital In Plain Clothes & Without Any Entourage

Malaysian Minister of Health, YB Khairy Jamaluddin paid a surprise visit to Kajang Hospital, today. Photos of the surprise visit...

Picture 1 1 Picture 1 1
News18 hours ago

HK Chef Walks Away With New RM 5.7 Million Apartment After Winning Covid-19 Vaccine Lottery!

A 35-year-old chef in Hong Kong was announced as the winner of a flat worth HK$ 10.8 million (RM 5.7...

Picture 1 Picture 1
News19 hours ago

Tapah School Teacher Charged For Allegedly Committing 32 Counts Of Sexual Acts On His Male Students

A teacher of a secondary school in Tapah pleaded not guilty at the Sessions Court here yesterday to 32 charges...

My Post 2021 09 17T142310.254 1 My Post 2021 09 17T142310.254 1
News2 days ago

Around 1,733 LGBTQ Malaysians Have Been Sent To Religious Camps To Be ‘Nurtured’ As Of June 2021

Malaysia has always had rather strict views on the matters of the LGBTQ community. So much so, that the Malaysian...

Collage 26 Collage 26
News2 days ago

5 Tourists Test Positive For Covid-19 in Langkawi On First Day Of Govt’s Tourism Bubble Pilot Project

Yesterday (16 September), a total number of 3,200 tourists stepped foot in Langkawi after the island finally opened its doors...

Ft Divorce Ft Divorce
News2 days ago

PM: Almost 78,000 Couples Nationwide Have Divorced Since The Start Of The Pandemic in 2020

The Covid-19 pandemic has certainly created a range of hardships that people have had to endure. One of the most...

My Post 2021 09 16T173600.630 My Post 2021 09 16T173600.630
News2 days ago

3,200 Tourists Arrived In Langkawi On 16 Sept, The First Day Of The Tourism Bubble Pilot Project

Today marks the first day that tourists are allowed to travel to Langkawi in the government’s Langkawi Tourism Bubble Pilot...

Zumba Zumba
News2 days ago

Physical Contact Sports Allowed In Klang Valley For Fully Vaccinated Individuals Starting 17 Sept

Prime Minister Datuk Seri Ismail Sabri Yaakob announced yesterday (15 September) that physical sports and recreational activities are now allowed...


Latest Videos