Extreme poverty over, Xi says

‘MODERATELY PROSPEROUS’: Xi said that nearly 100 million were making more than US$1.68 per day, which was still below the World Bank’s absolute poverty level Bloomberg Chinese President Xi Jinping (習近平) on Thursday declared victory in an eight-year drive to eradicate extreme poverty in the world’s most populous nation, a key goal of the ruling Chinese Communist Party (CCP). “We have achieved in a timely manner the poverty alleviation goal of the new era,” Xi said at a meeting of the seven-member Politburo Standing...