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.
We find extreme poverty increased dramatically during the market reforms of the 1990s. It reached a peak of 68% as price deregulation pushed up the cost of basic food and housing, cutting the buying power of low-income people.
Lol, their point is that China doesn’t do enough socialism. Which is fair, especially for the healthcare
Lol, their point is that China doesn’t do enough socialism. Which is fair, especially for the healthcare