▲ | kelipso 6 days ago | |||||||
China got all of those rural folks out of extreme poverty too. | ||||||||
▲ | simianparrot 5 days ago | parent [-] | |||||||
Only because they redefined the definition of poverty in rural areas to be around $2.30 a day (inflation adjusted). The medium daily income in major cities like Shanghai is $33 a day (inflation adjusted). Obviously living rurally is a lot cheaper, but this difference is _massive_. We're talking a 14x difference in daily income. With China, you always have to look deeper than the surface level reports. Just like you would anywhere else, but particularly with China because faking it is accepted as long as it saves face. | ||||||||
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