Ending poverty in 2020 was going to be Xi's crowning achievement. Coronavirus might have ruined it

Then the novel coronavirus pandemic tore through the global economy.China shut down factories in January and February to prevent a larger outbreak and contain the virus, but at the same time it severely damaged employment and production domestically.Consequently, China's economy shrank by 6.8% in the first quarter of 2020 compared to a year earlier.

Millions unemployedIndependent experts say getting an accurate picture of rural poverty on the ground is difficult, partly due to the sheer size of China and partly due to the secrecy of its government, especially under Xi's increasingly authoritarian and opaque administration.But there are already indications that China's poor may have been hit hard by the coronavirus economic downturn.Unemployment in China has jumped in the wake of the virus, officially rising as high as 6.

LOL! They’ll end poverty by making everyone into poverty & if everyone is in poverty nobody is in poverty yay communism! It totally works! 🤡

Ah yes, China the greatest country.

It’s ok to quit and delete China!

Surely they can just write up the history at the end of the year to have achieved anything

Views

Yeah, letting hundreds of thousands of people die in his country and allowing it to continue killing millions more! Thanks China.

Tbf, they are making a better fist of it than some countries that shall remain nameless *coughs*...UK.

All evidence of that pledge will by now have been erased!

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

'Normal People' Stars Find Hope in Hulu Series' Sad EndingAt only 22 and 24, mescal_paul and DaisyEdgarJones are starting their careers on a high note with normalpeople. StandoutPerformances Emmys2020 mescal_paul DaisyEdgarJones normalpeople Help veterans and their families. Donate to Homes For Wounded Warriors and vote for VictoriaStunts normalpeople mescal_paul DaisyEdgarJones Could not be happier for them, well done guys! X normalpeople mescal_paul DaisyEdgarJones Yes they are. Talented, young and beautiful. I hope they work together again!
Source: etnow - 🏆 696. / 51 Read more »

Pride Month Is Ending But Police Violence Against LGBTQ People Isn't'It’s been more than 50 years since the Stonewall Riots, but the LGBTQ+ community still faces elevated rates of police violence, the same ones who claim to stand with us during Pride month.' –SerenaSonoma communist pig so naive Amen
Source: TeenVogue - 🏆 481. / 51 Read more »

PPP loans are ending. Here's where small businesses can turn nowThe Paycheck Protection Program will stop approving new applications after June 30. Other relief options may be limited for struggling businesses.
Source: CNBC - 🏆 12. / 72 Read more »

Gabriela Hearst and Net-a-Porter Launch Bags of Purpose to Help Fight COVID-19Twenty percent of profits will go to Save the Children’s global Coronavirus Response Fund.
Source: ELLE Magazine (US) - 🏆 472. / 51 Read more »

Minor League Baseball Cancels 2020 Season As Coronavirus SpikesFans won’t be buying any peanuts or Cracker Jack at minor league ballparks this year. And they won’t be buying any tickets, either. Minor League Baseball said today that it has canceled…
Source: DEADLINE - 🏆 109. / 63 Read more »