2 ms·
World bank, etc. Keep in mind that there's ~150 million people in China who subsist on less than ~$3/day or whatever. Even accounting for cheaper standard of
by dmoy 4y ago
World bank, etc.
Keep in mind that there's ~150 million people in China who subsist on less than ~$3/day or whatever. Even accounting for cheaper standard of living (4x ppp in China) it's cripplingly poor by US poverty rates. It's the equivalent of living on like $4k USD.
Idk if you've been to rural China at all, but shit is way different there still.
When we define the US federal poverty line it's at minimum like $12k for an individual, even in the cheapest areas. That's 3x higher than the poverty line for data you see coming out of China.