Anyway, that's a lot of words to say they lifted urban populations out of poverty by embracing market economics while ignoring the existence of rural populations.

[–] Cowbee@lemmy.ml 10 points 2 months ago

I literally linked The Metamphosis of Yuangudui, a formerly extremely poor rural village. The Poverty Eradication Program was focused on the rural areas. They use controlled markets to govern the medium and small firms while relying on massive state owned enterprises to form the backbone of their economy, which has allowed them to directly uplift those in rural areas left behind by the rapid advances of urban industrialization.