Party has led people to prosperity

July 9, 2021
The 1920s were not a good time for China. Its 400 million people mainly lived in rural areas, mired in poverty. The government of the day couldn’t do much to improve the lives of the Chinese people. The Chinese people faced poverty and famine. The reform and opening-up initiated by Deng Xiaoping in the late 1970s totally changed the economic and social development trajectories of China.… Read More

How China eradicated absolute poverty

April 12, 2021
China has lifted about 800 million people out of absolute poverty and become the second-largest economy in the world. In 1980 China’s per capita GDP was $194.80-10 percent of Brazil ($1,947.28) and 73 percent of India ($266.58). But thanks to years of good economic management and rapid growth, its per capita GDP increased by more than 58 times to $10,216,6 in 2019-nearly 5.45 times of India ($2,099.60) and 1.31 times of Brazil ($8,717.20).… Read More