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Showing posts with label private wealth. Show all posts
Showing posts with label private wealth. Show all posts

Wednesday 15 October 2014

82 Million Chinese Live on $1 per Day

Over 82 million of China’s residents are surviving on a daily income of $1 despite China's meteoric economic growth and rising export volumes, the Strait Time reports.

“The poverty-stricken population not only suffer from low income but also face various difficulties in getting drinking water, roads, electricity, education, medical care and loans,” said aChinese official Zheng Wenkai, cited by South China Morning Post.

According to the news source, poverty remains a ever present burden for most of the Chinese population. China's rural residents average 2,300 yuan ($368) a year or about $1 a day.

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