From 90% extreme poverty to 10%

The Communist Party took over China in 1949.

  • In 1981 90% of Chinese lived in ‘extreme poverty’.
  • In 1976 Mao Tse Tung died.
  • In 1978 Deng Xiaoping took power and started major economic reforms.
  • In the 1990s China’s economic performance pulled an estimated 150 million peasants out of poverty.
  • In 2010 10% of Chinese lived in ‘extreme poverty’.

This has changed as China has rapidly transitioned between socialism to a capitalist/market driven economy, just about entirely in the era of ‘neoliberalism’.

10% of 1.3 billion people is still a lot of people in extreme poverty, over 100 million people, but it is a huge improvement in living standards for Chinese people overall.

 

ChinaPoverty

Source – Share of the population living in extreme poverty, 1981 to 2010

Extreme poverty is defined as living with an income of less than 1.90$ per day. All incomes are adjusted for inflation over time and for price differences between countries and expressed in 2011 PPP international dollars.

Change has been less dramatic elsewhere but the move out of poverty has also been significant.

  • India – from 53% to 21%
  • Bangladesh from 70% to 44%
  • Uganda from 95% (1988) to 33%
  • Vietnam from 49% (1992) to 4%

 

Two T20 triumphs

Both New Zealand teams won their final World t20 pool matches overnight and both have topped their pools in impressive style.

The New Zealand women’s team restricted South Africa to 99. Devine and Kasperek each took 3 wickets.

They then easily reached 100 in 14 and a half overs with the loss of only 3 wickets. Bates (29), Priest (28) and Devine (27 not out) all contributed.

Their semi final opponent won’t be decided until other pool matches are played.

And the Black Caps outplayed Bangladesh to complete a clean sweep of their pool. They batted well on a slow pitch to reach 145 for the loss of 8, with Williamson top scoring with 42. Munro also adapted to the conditions well to score 35.

They then restricted Bangladesh to a record low score of 70. Elliot and Sodhi each took three wickets.

England have just beaten Sri Lanki in the other men’s pool to secure second slot so will be the Black Cap’s opponent in the semi finals. South Africa have missed the cut with a game yet to play.

West Indies won Group 1. They will play the winner of India versus Australia.