Unprecedented rate of poverty reduction

Posted on by Leakey

China’s sustained economic growth over the last decade resulted in a historically unprecedented rate of poverty reduction. The poverty rate in China was roughly 60 percent in 1981 and has declined to about 10% in 2004. As such, about 500 million people have climbed out of poverty during this period.
What can China teach the world about fighting poverty?

 

 

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