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British economist John Ross notes that China is advancing steadily in line with its own targets. He highlights two major achievements: the successful lifting of 850 million people out of poverty since 1978 and the rejection of the Western "trickle-down" model. He contrasts this with the US, where economic growth has disproportionately benefited the top 10%, leaving the majority of the population behind and fueling political discontent.
British economist John Ross notes that China is advancing steadily in line with its own targets. He highlights two major achievements: the successful lifting of 850 million people out of poverty since 1978 and the rejection of the Western "trickle-down" model. He contrasts this with the US, where economic growth has disproportionately benefited the top 10%, leaving the majority of the population behind and fueling political discontent.