China has radically more extremely poor people than that. The number is closer to 500 million, so long as absurd numbers like $3 per day are not your line.
75% of China's middle class is in the $2 to $10 per day income bracket. And that's their middle class, the bottom 1/3 are even worse off.
https://chinapower.csis.org/china-middle-class/
(Oct 2014)
“Poverty is still a salient problem in China,” Zheng Wenkai, a vice-minister at a government office responsible for poverty alleviation and development, said at a news briefing Tuesday, according to the state-run China Daily newspaper. About 200 million Chinese, or 15% of the country’s population, would be considered poor by international poverty measures, set at $1.25 a day, Mr. Zheng added.
https://blogs.wsj.com/chinarealtime/2014/10/15/more-than-82-...
Two simple questions that make the point easily:
What's the median income, in non-purchasing parity terms, for the bottom 50% of people China?
How many people does China have living below $5 per day, in non-purchasing parity terms?
Answer those please.
75% of China's middle class is in the $2 to $10 per day income bracket. And that's their middle class, the bottom 1/3 are even worse off.
https://chinapower.csis.org/china-middle-class/
(Oct 2014)
“Poverty is still a salient problem in China,” Zheng Wenkai, a vice-minister at a government office responsible for poverty alleviation and development, said at a news briefing Tuesday, according to the state-run China Daily newspaper. About 200 million Chinese, or 15% of the country’s population, would be considered poor by international poverty measures, set at $1.25 a day, Mr. Zheng added.
https://blogs.wsj.com/chinarealtime/2014/10/15/more-than-82-...
Two simple questions that make the point easily:
What's the median income, in non-purchasing parity terms, for the bottom 50% of people China?
How many people does China have living below $5 per day, in non-purchasing parity terms?
Answer those please.