600 million Chinese live on less than $140/ month 1bln Chinese live on less than $280/month —— speech by Prime Minister Li Keqiang, of People’s Republic of China

US definition of poverty is a relative concept, eg income below 75% of median income; China’s definition of poverty is an absolute concept, eg annual income below CNY 2600 ( ie $350) And so, China has lifted 95% of its population off poverty; US will alway have certain amount of population in poverty, unless you adopt socialism or communism

You realized how privileged saying USA is becoming a 3rd world country?

US definition of poverty is a relative concept, eg income below 80% or 70%….of median income; China’s definition of poverty is an absolute concept, eg annual income below CNY 2600 ( ie $350/ year, ie $1/day, can you believe it) And so, China has lifted 95% of its population off poverty; US will alway have certain amount of population in poverty, unless you adopt socialism or communism

Also, miraculously, each & every year, China government can accurately “forecasts” China’s GDP growth rate ( one of the most complexed statistics on earth ) , accurate to the digits behind decimal, 13 months before that GDP is realised