> In December 2011, the Chinese government announced it would lift the country’s rural poverty line from 1,274 yuan per year in 2010 to 2,300 yuan, an increase of over 80 percent. This, once adjusted by the purchasing power parity of 2005, is equivalent to approximately US$1.80 per day, a threshold well above the US$1.25 used by the World Bank for international poverty comparisons.
> In December 2011, the Chinese government announced it would lift the country’s rural poverty line from 1,274 yuan per year in 2010 to 2,300 yuan, an increase of over 80 percent. This, once adjusted by the purchasing power parity of 2005, is equivalent to approximately US$1.80 per day, a threshold well above the US$1.25 used by the World Bank for international poverty comparisons.
Source: https://unu.edu/publications/articles/redefining-poverty-in-...