The confusion has to do with drawing the poverty line & norminal/ppp difference Replying to: Did I read this right? 36% under poverty line? 150M does not add up to 36%. It -- Predator Post ReplyForum

 Dalai BinShaitan 07/12/2012, 20:28:49 Author Profile | Edit Apparently a lot of people got confused I think the UN/world bank  defn is $1,$1.25 or $2 ppp/day, can't remember, too much 'noise' in the transmission depends on your motives and some interesting possibilities: If u want to sound modest, convert your local currency to nominal$ and tell others u're poor. The official poverty line of RMB 2300/yr/capita is a small amount.   If u want to brag(guess who...), convert u local currency at an earlier more favourable rate to nominal $then to ppp$/'macdonald big mac index'(beef or no beef) and guess what, now u have a poverty reduction to celebrate and brag

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