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They define 4,000-yuan (about $609) as the national poverty line. Significant milestone. The average annual net income of impoverished people in these nine cou
by absolutelyrad 6y ago
They define 4,000-yuan (about $609) as the national poverty line. Significant milestone.
The average annual net income of impoverished people in these nine counties has risen to 11,487 yuan (about $1,740)
- outlace 6y agoPresumably $1740 per annum in rural China is enough to meet basic needs.
- yread 6y agoFor comparison in the US it's at least $12,760. Still, it's a major achievement, even if it was achieved with some highly questionable moves - (forcibly?) relocating 2M people to cities
- cmeacham98 6y agoAverage means approximately half the population makes _less_ than that (In reality, probably more than half, because you need a lot of lower numbers to balance out the population making double/triple/quadruple/more than that).
- Blahah 6y agoI've lived in a country with vast scale poverty and what having an average income of over $1k would really functionally eradicate poverty. People are naturally communal in most places and will share resources within nested communities so that the distribution doesn't matter.