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Presumably $1740 per annum in rural China is enough to meet basic needs.
by outlace 6y ago
Presumably $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.