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  1. Beijing doubles threshold for rural poverty

    Posted Nov 30th 2011, 12:00am

    ... Cary Huang in Beijing cary.huang@scmp.com The central government is raising the rural poverty line. The threshold will nearly double as part of efforts to eradicate poverty in the next ... of 2,300 yuan (HK$2,810) or less, up 80 per cent from the threshold of 1,274 yuan introduced last year. In 2009 the poverty line was 1,196 yuan. The move could increase the number of people ...

  2. 23pc of HK households fall into the poverty trap

    Posted Aug 25th 2003, 12:00am by Patsy Moy

    ... The wealth gap in Hong Kong is widening, with the number of families living below the poverty line increasing sharply since the handover. Latest government statistics show that 604,000, ... six years ago to the present figure of 145,100. According to international standards, the poverty line should be set at half the median household income. The number of families with less than ...

  3. Tycoon's burgeoning empire feeds off Mexico's poverty

    Posted Mar 17th 2007, 12:00am by Jacqui Goddard

    ... books. Those ledgers, dating back more than five decades, now line the shelves of Mr Slim's corporate offices in Mexico City, perhaps as a reminder of his thrifty beginnings. Every childhood ... to the 40 per cent of the population who live in abject poverty. 'In Hong Kong, perhaps, or even Finland, Slim would be heralded as a striving champion of capitalism, a self-made billionaire ...

  4. Vietnam's moment of truth

    Posted Jun 25th 2004, 12:00am by Michael Richardson

    ... Michael Richardson Vietnam has done remarkably well in reducing deprivation. Almost a third of the total population of 80 million was lifted out of poverty in less than a decade. Those living below the poverty line fell to 29 per cent in 2002, from 58 per cent in 1993. The World Bank describes this as 'one of the greatest success stories in economic development'. ...

  5. Micro-finance is small money, but high risk

    Posted Oct 03rd 2005, 12:00am by Staff Reporter

    ... be able to set their own lending rates and so would be in limited competition with the co-ops. Beijing opening the door is one matter, but whether private companies will line up for the chance ...

  6. Improve lot of elderly: activists

    Posted Apr 26th 2008, 12:00am by Colleen Lee

    ... Colleen Lee Social activists have urged the government to review its welfare system for retirees after claiming that 40 per cent of them are living below the poverty line. In a poll ... the CSSA rates as the poverty threshold, it means about 40 per cent of retirees now live below the poverty line. The figure is quite worrying.' In the first half of 2006, the council ...

  7. People pay high price for global trade growth: UN

    Posted Jun 29th 2006, 12:00am by Maseeh Rahman

    ... of the population in these countries still live below the poverty line, compared with 22 per cent in the more developed. 'Two-thirds of the world's poor are in Asia,' Mr Pasha pointed out. ... with proposals to develop a strategy that 'effectively combines trade liberalisation with the promotion of poverty reduction and human development'. The report points out that far fewer jobs ...

  8. End of the line

    Posted Mar 18th 2008, 12:00am

    ... More women who flee poverty in northeast China are becoming trapped in a world of exploitation in Europe, writes Dinah Gardner Sister B' is a middle-aged Chinese prostitute. She is often attacked and robbed and her clients frequently don't pay her. 'Sister A' from Jilin looks after a 60-year-old man for bed and board and an occasional handout. She used ...

  9. Calls to help poor via tax subsidies

    Posted Jun 21st 2012, 12:00am

    ... by 'negative tax schemes'. This line would be the de facto poverty line, he added. On Monday, government statistics revealed that the city's wealth gap had reached a 30-year high, according ... members of a committee to tackle poverty. The decades-old Comprehensive Social Security Assistance scheme has been criticised as a rigid mechanism that leaves out many needy people who earn too ...

  10. Poverty of ideas is frittering away HK's immense wealth

    Posted Mar 11th 2012, 12:00am

    ... Jake van der Kamp jake.vanderkamp@scmp.com Hong Kong's fiscal reserves are massive. How much is truly necessary and what innovative ideas do you have for the excess reserves? Question to chief executive candidates, Monday, February 27 I want my kick ...




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