World News@lemmy.worldEnglish · 10 months ago

China's capitalist reforms are said to have moved 800 million out of extreme poverty. Data suggest the opposite

phys.org

China's capitalist reforms are said to have moved 800 million out of extreme poverty. Data suggest the opposite

phys.org

Lee Duna@lemmy.nz to

World News@lemmy.worldEnglish · 10 months ago

It has become an article of faith among many economists that China's pro-market reforms of the 1980s and 1990s ushered in a sustained reduction in poverty.

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10 months ago
“The opposite.” So… China has moved 800 million people into extreme poverty?

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