Wednesday, November 30, 2011

Are you rich?

A friend brought to my attention this, which should make you think:
"China has redefined the level at which people in rural areas are considered poor to include everyone earning less than $1 a day (6.5 yuan)."

and later the article quotes an even more established figure:
"But the latest move puts Beijing much closer to the World Bank's threshold of $1.25 a day."

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