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November 3, 2011

Why We Need Not Envy China

21 million Chinese live below what the Communist party calls the “absolute poverty” line.
That sounds pretty good if you have in mind our poverty line, which is just under $11,000 per year for an individual and roughly $22,000 for a family of four. The absolute poverty rate in China is $90 a year, or $7.50 per month. And 35 million live on less than $125 per year. Hundreds of millions of Chinese live on $1 or $2 a day. -- - Jonah Goldberg - National Review Online

Posted by gerardvanderleun at November 3, 2011 10:33 PM. This is an entry on the sideblog of American Digest: Check it out.

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