Monday 20 January 2020
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allafrica - 1 month ago

Economic Development Is Neither Mysterious Nor Accidental (Part II)

[Zimbabwe Independent] AN amazing feat from China s development success story has been the high poverty-reducing impact of their economic growth.Since the early 1970s, the Chinese economy has grown by an average 9% per annum. This stupendous economic growth has resulted in millions of Chinese citizens being delivered from the shackles of absolute poverty. Out of the 1,4 billion citizens, only about 20 million still remain in absolute poverty. Their development vision is to eliminate absolute poverty by 2020.


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