China has almost wiped out urban poverty. Now it must tackle inequality

Yet-to-be-released data shows that China has all but eradicated urban poverty. For a country with huge numbers of poor people streaming into its cities, many living initially in conditions of abject misery, this is an extraordinary success. It has been achieved, in large part, because of a government subsidy paid to urban dwellers to bring incomes up to a minimum level of 4,476 yuan ($700 or £446).

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China has almost wiped out urban poverty. Now it must tackle inequality

Despite China's world-beating success at eradicating poverty, economic...

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