Are people in china poorer than people in uk?
Answers
Answer:
In China today, poverty refers mainly to the rural poor, as decades of economic growth have largely eradicated urban poverty.[1][2][3] The dramatic progress in reducing poverty over the past three decades in China is well known. According to the World Bank, more than 850 million Chinese people have been lifted out of extreme poverty; China's poverty rate fell from 88 percent in 1981 to 0.7 percent in 2015, as measured by the percentage of people living on the equivalent of US$1.90 or less per day in 2011 purchasing price parity terms.[4][5]
Since the start of far-reaching economic reforms in the late 1970s, growth has fueled a remarkable increase in per-capita income, helping to lift more people out of poverty than anywhere else in the world: China's per capita income has increased fivefold between 1990 and 2000, from $200 to $1,000. Between 2000 and 2010, per capita income also rose by the same rate, from $1,000 to $5,000, moving China into the ranks of middle-income countries. Between 1990 and 2005, China's progress accounted for more than three-quarters of global poverty reduction and a big factor in why the world reached the UN millennium development of dividing extreme poverty by two.
Explanation:
A significant portion of the population of the United Kingdom are considered to be in poverty under some measures of poverty.
Data based on incomes published in 2016 by the Department for Work and Pensions (DWP) show that, after housing costs have been taken into consideration, the number of people living in the UK in relative poverty to be 13.44m (21% of the population).[1] In 2015, a report by Institute for Fiscal Studies reported that 21.6% of Britons were in relative poverty. The report showed that there had been a fall in poverty in the first few years of the 21st century, but the rate of poverty remained broadly flat in the decade after 2004/5.[2]
Full Fact found that the British poverty rate is "almost exactly the same level as the EU average (17%)", much lower than the DWP figures due to differences in calculation methods between countries.[3]
The Poverty and Social Exclusion project at Bristol University, in 2014,[4] said that the proportion of households lacking three items or activities deemed necessary for life in the UK at that time (as defined by a survey of the wider population) has increased from 14% in 1983 to 33% in 2012.[5]