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China’s path out of poverty can never be repeated at scale by a country again

China’s path out of poverty can never be repeated at scale by a country again

Since China began its market reforms in the late 1970s, it has lifted more than 800 million people out of poverty, slashing the rate from nearly 90% in 1981 to under 2%, as measured by the World Bank’s latest spending benchmark. The rest of the world is lagging behind. Ahead of the UN general assembly…