americanaffairsjournal.org

The money flowing to the stock market and oligarchs has come at the expense of the real economy

China's poverty alleviation program, launched in 2014, involved massive human and financial resources, with over 3 million party secretaries and residents dispatched to carry out targeted poverty alleviation and ¥14 trillion spent in total. The poverty alleviation initiative was motivated by both pragmatic considerations and a vision of government, which emphasizes the importance of public trust and confidence in the system.

Cross posted from: https://slrpnk.net/post/11378717