Xi Jinping Vows No Poverty in China by 2020. That Could Be Hard.

In China today, poverty refers mainly to the rural poor, as decades of economic growth have largely eradicated urban poverty. The dramatic progress in reducing poverty over the past three decades in China is well known. According to the World Bank, more than 850 million Chinese people have lifted out of extreme poverty.  Li Chao carrying wood for his stove in …