China made dubious claims of victory in its 'war on poverty': USCC
Wednesday, May 25, 2022
  • Circulation
  • Advertise
  • About Us
  • Contact Us
  • Privacy Policy
Organiser
  • ‌
  • Bharat
  • World
  • Editorial
  • Analysis
  • Opinion
  • Defence
  • Sports
  • Business
  • More
    • RSS in News
    • Special Report
    • Culture
    • Sci & Tech
    • Entertainment
    • Education
    • Books
    • Interviews
    • Travel
    • Health
    • Obituary
SUBSCRIBE
No Result
View All Result
Organiser
  • ‌
  • Bharat
  • World
  • Editorial
  • Analysis
  • Opinion
  • Defence
  • Sports
  • Business
  • More
    • RSS in News
    • Special Report
    • Culture
    • Sci & Tech
    • Entertainment
    • Education
    • Books
    • Interviews
    • Travel
    • Health
    • Obituary
No Result
View All Result
Organiser
No Result
View All Result
  • Home
  • Bharat
  • World
  • Editorial
  • Opinion
  • Analysis
  • Culture
  • Defence
  • RSS in News
  • Subscribe
Home Bharat

China made dubious claims of victory in its ‘war on poverty’: USCC

WEB DESK by WEB DESK
Nov 19, 2021, 04:13 pm IST
in Bharat, World
China National Flag (Photo Credit:Investing)

China National Flag (Photo Credit:Investing)

Share on FacebookShare on TwitterTelegramEmail

The report also said China's debt burden has further increased in the wake of Beijing's stimulus-led recovery from the COVID-19 pandemic and income inequality remain serious problems in China.

 

Washington: In its newly released report, US-China Economic and Security Review Commission (USCC) has said that China made dubious claims of victory in its "war on poverty" and stressed that it had been one of the central themes of the centennial propaganda campaign of Beijing.

"One of the central themes of the centennial propaganda campaign has been Beijing's assertion that it had eliminated "extreme poverty" by 2020, a goal first announced by General Secretary Xi in 2015," USCC said in its report on Wednesday.

The USCC is a bipartisan commission created by Congress to monitor and report on trade, economic, and defence issues in the US-China relationship.

In April 2021, China's State Council Information Office released a white paper titled "Poverty Alleviation: China's Experience and Contribution."

The white paper referred to poverty alleviation as "a key task and index of realization of the First Centenary Goal" and claimed unambiguous success in the CCP's efforts, stating, "China has secured a complete victory in the battle against extreme poverty, eliminating overall and extreme poverty for the first time in its history of thousands of years, and realizing a century-long aspiration of the Chinese people," the report read.

Outside experts have identified serious shortcomings in the Chinese government's methodology; however, the report read that poverty and income inequality remain serious problems in China.

The USCC report has also said that in the wake of Beijing's stimulus-led recovery from the COVID-19 pandemic, China's debt burden has further increased, stressing a financial system still struggling to manage an unprecedented debt expansion following the 2008 global financial crisis.

In 2016, China's financial regulators launched a deleveraging campaign amid fears over growing instability in the financial system. However, China's debt has continued to balloon, particularly over the past year as the Chinese Communist Party used fiscal stimulus measures to address the economic slowdown caused by COVID-19.

Courtesy: ANI

   

 

 

   

 

 

  

                    

ShareTweetSendShareSend
Previous News

Jaishankar talks about the ‘bad patch’ in ties with China, wants Beijing to explain further

Next News

China’s education stocks tumble after the introduction of ‘Double Reduction’ policy

Related News

US: Fourteen children, one teacher killed in Texas school shooting

US: Fourteen children, one teacher killed in Texas school shooting

Rajasthan: IPS officer insults Hindu deities, hurts religious sentiments after Shivling was found inside Gyanvapi

Rajasthan: IPS officer insults Hindu deities, hurts religious sentiments after Shivling was found inside Gyanvapi

BJP minority wing leader hacked to death in Chennai; Opposition said Chennai had become the “murder city”

BJP minority wing leader hacked to death in Chennai; Opposition said Chennai had become the “murder city”

DMK’s anti-Hindu measures face strong opposition in Tamil Nadu

DMK’s anti-Hindu measures face strong opposition in Tamil Nadu

Tedros Adhanom re-elected as WHO chief for second term

Tedros Adhanom re-elected as WHO chief for second term

Jammu Kashmir Police busts JeM terror module in Awantipora, 8 arrested

Jammu Kashmir Police busts JeM terror module in Awantipora, 8 arrested

Comments

The comments posted here/below/in the given space are not on behalf of Organiser. The person posting the comment will be in sole ownership of its responsibility. According to the central government's IT rules, obscene or offensive statement made against a person, religion, community or nation is a punishable offense, and legal action would be taken against people who indulge in such activities.

Latest News

US: Fourteen children, one teacher killed in Texas school shooting

US: Fourteen children, one teacher killed in Texas school shooting

Rajasthan: IPS officer insults Hindu deities, hurts religious sentiments after Shivling was found inside Gyanvapi

Rajasthan: IPS officer insults Hindu deities, hurts religious sentiments after Shivling was found inside Gyanvapi

BJP minority wing leader hacked to death in Chennai; Opposition said Chennai had become the “murder city”

BJP minority wing leader hacked to death in Chennai; Opposition said Chennai had become the “murder city”

DMK’s anti-Hindu measures face strong opposition in Tamil Nadu

DMK’s anti-Hindu measures face strong opposition in Tamil Nadu

Tedros Adhanom re-elected as WHO chief for second term

Tedros Adhanom re-elected as WHO chief for second term

Jammu Kashmir Police busts JeM terror module in Awantipora, 8 arrested

Jammu Kashmir Police busts JeM terror module in Awantipora, 8 arrested

PM Modi departs for home after productive Quad summit in Japan

PM Modi departs for home after productive Quad summit in Japan

Prime Minister Narendra Modi to lead Mass Yoga Demonstration at Mysore on 8th International Day of Yoga

Prime Minister Narendra Modi to lead Mass Yoga Demonstration at Mysore on 8th International Day of Yoga

Assam: CM Himanta Biswa Sarma visits Dima Hasao; reviews situation and assured aid

Assam: CM Himanta Biswa Sarma visits Dima Hasao; reviews situation and assured aid

Saiyyad Salar Masud (“Ghazi Miyan”): The Fanatic Who Was Defeated and Killed By Maharaja Suheldev

Saiyyad Salar Masud (“Ghazi Miyan”): The Fanatic Who Was Defeated and Killed By Maharaja Suheldev

  • Circulation
  • Advertise
  • About Us
  • Contact Us
  • Privacy Policy

© Bharat Prakashan (Delhi) Limited.
Tech-enabled by Ananthapuri Technologies

No Result
View All Result
  • Home
  • Bharat
  • World
  • Editorial
  • Analysis
  • Opinion
  • Defence
  • Culture
  • Sports
  • Business
  • RSS in News
  • Special Report
  • Sci & Tech
  • Entertainment
  • Education
  • Books
  • Interviews
  • Travel
  • Health
  • Obituary
  • Subscribe
  • About Us
  • Advertise
  • Circulation
  • Contact Us
  • Privacy Policy

© Bharat Prakashan (Delhi) Limited.
Tech-enabled by Ananthapuri Technologies