(Reuters Breakingviews) - China’s Communist Party will hit its self-imposed econ...
Workers prepare concrete roof slabs for their removal from former migrant dwellings before their destruction at Dongsanqi village in the outskirts of Beijing, China, August 7, 2017. Picture taken August 7, 2017. REUTERS/Thomas Peter - RC13B309B960
Even China’s harshest critics give it credit for a vast improvement in material living standards. President Hu Jintao set the target of doubling individual spending power in 2012. His successor Xi made the elimination of poverty his signature issue, leaning on officials and companies to pull 13 million people per year above the annual income threshold of 2,300 yuan , in 2010 prices.
Australia Latest News, Australia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
China swaps its poor for the merely miserableBeijing will hit its 2020 target of doubling disposable incomes and GDP in 10 years, while eliminating extreme poverty. That’s laudable, but forcing breakneck growth exacerbated inequality, while consumer debt ballooned. Political and financial risks are higher as a result.
Read more »
Japan's exports shrink for 12th month as U.S., China demand fallsJapan's exports slipped for a 12th straight month in November, as declining...
Read more »
China postpones UN Security Council discussion on KashmirChina's UN Ambassador Zhang Jun told the UN Security Council that he would again request the meeting when the peacekeeping mission was ready to give a detailed briefing.
Read more »
Tesla considers cutting China-built Model 3 sedan prices next year: BloombergU.S. electric vehicle maker Tesla Inc is considering cutting the prices of its C...
Read more »