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Premier Li Keqiang added fuel to the discussion on Thursday, saying that China has 600 million people living on a monthly income of 1,000 yuan (US$140).
“It’s barely enough to cover monthly rent in a mid-sized Chinese city,” Li told a press conference in Beijing.
Li’s comments add weight to the argument that China is a relatively poor country, as over 40 per cent of its 1.4 billion people are still living on a daily income of less than US$5.
“It’s barely enough to cover monthly rent in a mid-sized Chinese city,” Li told a press conference in Beijing.
Li’s comments add weight to the argument that China is a relatively poor country, as over 40 per cent of its 1.4 billion people are still living on a daily income of less than US$5.