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China poverty: Beijing says it’s been eradicated, but what exactly has been achieved?

Summary:
[unable to retrieve full-text content]China claimed last year it had met a long-trumpeted target of lifting all its people out of extreme poverty.President Xi Jinping heralded the feat as a “major victory” that the Chinese Communist Party had wanted to achieve before the centenary of its founding in 2021.But what do the numbers say?What counts as poverty?China’s poverty line is around US.30 a day – slightly above the World Bank’s lowest threshold of US.90 but below what is recommended for measuring higher income countries.Local…

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[unable to retrieve full-text content]
China claimed last year it had met a long-trumpeted target of lifting all its people out of extreme poverty.President Xi Jinping heralded the feat as a “major victory” that the Chinese Communist Party had wanted to achieve before the centenary of its founding in 2021.But what do the numbers say?What counts as poverty?China’s poverty line is around US$2.30 a day – slightly above the World Bank’s lowest threshold of US$1.90 but below what is recommended for measuring higher income countries.Local…

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