Yes China is still pretty unequal despite poverty alleviation. For example: in 2020 (when China eliminated extreme poverty), then-Premier Li Keqiang still stated that there were 600 million people earning less than 1000 RMB per month (~136 USD with today’s conversation rates).
Yes China is still pretty unequal despite poverty alleviation. For example: in 2020 (when China eliminated extreme poverty), then-Premier Li Keqiang still stated that there were 600 million people earning less than 1000 RMB per month (~136 USD with today’s conversation rates).
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That was an interesting video, thank you for linking it! I hadn’t checked out Cockshott before, despite having heard of him from time to time.
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