It is the 66th anniversary of the founding of the People's Republic of China. Over the past two decades, about a billion people were pulled out of extreme poverty. Almost 700 million of those came from China alone, something I think many Chinese would be rightfully proud of.
This year's National Day will boast a 23-minute, $1 million firework display over scenic Victoria Harbor.
Yes there is an income gap but the fact remains that about 80% of Chinese citizens were in extreme poverty in the 1980s and about 10% nowadays. Some people have benefited a lot more from the system than others but most of the people captured at least some gains from growth.
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