China’s 6.9% Growth: The Superiority of the Plan by Fred Schmid

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China’s 6.9% Growth: The Superiority of the Plan
by Fred Schmid, 1/28/2018

https://www.indybay.org/newsitems/2018/05/08/18809039.php

China has brought hundreds of millions out of poverty thanks to the opening of the economy. In 1978, 90% of the 800 million Chinese lived below the absolute poverty line of $1.90 a day. Today, forty years later, there are `only’ 43 million, three percent of the population of 1.4 billion. The hourly wage of workers has tripled since 2006 from $1.20 to $3.60.

Blue sky in Peking! Peking residents experience their blue miracle: the most beautiful winter sky in years. Pollution fell 53.8% in the last year.

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