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Friday, Oct 02, 2020

Is China rich enough to claim a ‘well-off society’? One ex-official says grand economic goal can wait

Is China rich enough to claim a ‘well-off society’? One ex-official says grand economic goal can wait

He Keng questions China’s progress on milestone centenary goal set forth by President Xi Jinping. Former deputy director of the Financial and Economic Affairs Committee of the National People’s Congress says China is not ‘comprehensively well-off’ with 600 million people earning just 1,000 yuan (US$143) a month
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