China's poverty line
Life at the bottom of the middle kingdom
This week China raised its rural poverty line to 2,300 yuan a year. It's about time. China's official definition of poverty has traditionally been quite miserly. In a 2008 paper Shaohua Chen and Martin Ravallion of the World Bank noted that China's rural poverty line was "one of the lowest lines in the developing world".
So how generous is 2,300 yuan by international standards?
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So how generous is 2,300 yuan by international standards?
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