the_dunk_tank

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It's the dunk tank.

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China seeks food security, but at what cost? (hexbear.net)

submitted 1 year ago by [email protected] to c/[email protected]

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https://nitter.net/TheEconomist/status/1690713079405768704

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[–] [email protected] 2 points 1 year ago (2 children)

Lol. $845/yr is the number the CCP conveniently made up to make poverty rates seem lower than they actually are. If the poverty line was the same as comparable countries to China, it would be almost double ($5.50 a day instead of $2.30, or adjusted for PPP $8k/yr instead of $3.3k).

Despite the fact that China is classified as an upper-middle income country, China’s official poverty line is only a little higher than the universal global poverty line. Applying the World Bank upper-middle income poverty line of $5.50/day to China would mean almost a quarter of Chinese still live in poverty.

[–] [email protected] 24 points 1 year ago (1 children)

Applying the World Bank upper-middle income poverty line of $5.50/day to China would mean almost a quarter of Chinese still live in poverty.

13% = 25%? (from a very biased source too btw)

Despite China "still being poor" or whatever, the fact of the matter is that povery line go sharply down so China is becoming more gooder by the year. While in the country whose policies you support, poverty line stay same, not become gooder.