this post was submitted on 30 Aug 2024
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Hmm?
Poverty rates are steadily decreasing in China...
...under every income group.
While homeownership rates have been steadily rising, reaching 90% in 2018
Those are some bold claims to make with nothing to back it up, when in fact reality says otherwise.
Technology and a booming capitalist economy do that, or well, a booming economy and leading tech at least ; )
A market economy under a socialist state, similar to what the USSR had under the NEP for its first 20 years.