Information comes to light that debunks the Chinese theory of having eradicated poverty. On the contrary, the poverty margins in the Asian country are high and worrying.
The "arduous task of eradicating extreme poverty has
been accomplished," proclaimed Chinese leader Xi Jinping in a February
2021 speech during an official ceremony. "According to current criteria,
the 98.99 million poor rural people have been lifted out of poverty and 832
poverty-stricken counties and 128,000 villages have been removed from the
poverty list," Xi said.
The milestone appeared to fulfill Xi's promise made in 2015
to eradicate extreme poverty in China by 2020. Yet China's self-assigned
poverty line of $ 2.30 a day is just 40 cents above the poverty line plus World
Bank drop of $ 1.90. The World Bank describes China as "an upper-middle-income
country and the second largest economy in the world."
Judging by its appropriate highest income ranking with a
poverty line of US $ 5.50, China had 328.7 million, or 23.4 percent, citizens
below the poverty line in 2016. By contrast, China only had 7.2 million, or 0.5
percent, citizens living below the international poverty line of US $ 1.90 in
2016. The South China Morning Post reported that in 2020 , 13 percent of the
Chinese population stayed below the poverty line of US $ 5.50.
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