Bill Gates Praises China: ‘They’ve Done A Very Good Job’ | Eastern North Carolina Now | Microsoft co-founder Bill Gates, the world’s fifth-richest man, thinks that Communist China should be praised for the way it has handled poverty.

Coronavirus Disease 2019 (COVID-19)
    Publisher's Note: This post appears here courtesy of the The Daily Wire. The author of this post is Hank Berrien.

    Microsoft co-founder Bill Gates, the world's fifth-richest man, thinks that Communist China should be praised for the way it has handled poverty.

    New York Times Magazine columnist David Wallace-Wells, the author of "The Uninhabitable Earth," opined that progress on poverty around the globe "has been really remarkable." Asserting that said progress reflected "progress in China," he asked Gates if the trend toward eradicating poverty would continue since China has "sort of finished eradicating real poverty."

    "If you're allowed to say the truth about things in China, they've done a very good job," Gates responded. "They're now a middle-income country, in fact, one of the wealthier middle-income countries."

    In 2018, an article written by a professor of economics at Peking University, Beijing and a then PhD scholar at Peking University surmised that China had initially used a repressive financial policy in order to stimulate the economy.

    The article stated that the People's Bank of China (PBoC) was still guiding commercial banks' settings of deposit and lending rates, adding that "repressive financial policies have not stopped China from achieving rapid economic growth," but that "economic growth has decelerated and systemic financial risks have escalated sharply."

    In March 2021, NPR noted that extreme poverty was defined by China as making less than $2.30 per day in contrast to the World Bank's suggested poverty line of making less $5.50 per day for China's upper middle-income category.

    "China still has around 13% of its population falling below that line, or close to 200 million people," the World Bank's Martin Raiser pointed out.

    NPR correspondent John Ruwitch, who covers Chinese affairs, added, "But for Xi Jinping, proclaiming victory over extreme poverty is propaganda gold."

    In February 2021, Chinese President Xi Jinping announced that China had eliminated extreme poverty the previous year.

    "According to the current criteria, all 98.99 million poor rural population have been taken out of poverty, and 832 poverty-stricken counties as well as 128,000 villages have been removed from the poverty list," he stated.

    Some critics of China have pointed out that China's campaign to eliminate poverty ignored a root cause of rural poverty: poor rural education. Some research has shown a school drop rate of up to 63% for rural students before the end of high school, according to The Diplomat.

In what may be the most divisive period in modern American History, even more divisive than the turbulent sixties due to today's lack of patriotism, consider what are the major catalysts causing so much of this calamity of conflict, and vote: What most instigates the division of America, on this day September 20, 2022?
  Racism within our society
  Sex realignment to the detriment of our society.
  Biden /Harris Wide Open Southern Border Policy for the Demographic Upheaval of OUR Constitutional Republic
  Rampant Crime in Democratic controlled cities, and the possible contagion elsewhere
  Covid Pandemic, and its mishandling at the political, and bureaucratic levels.
  The unresolved questions /allegation regarding the flawed 2020 General Election
  January 6th Riot or "Armed Insurrection", depending upon patriotic perspective
  Joe Biden as Divisive Leader; Ineffective and Corrupt Executive
  Failed Education Industry, from an overall perspective, regarding all levels of education.
  Propagandistic Media in complete conflict with the First Amendment's guarantee of Freedom of Speech, and the awesome responsibility of a Free Press..
  "Orangeman Bad!"
  Bureaucracy rushing to a behemoth size, its unjustified expense, and far too often overreach.
  The Weaponized Deep State for political purposes
  A secular ambivalence to all that is real.
  Record number of overdose deaths from opioids and now Fentanyl
  Biden Administration's disastrous Foreign Policy
  Bidenflation /supply chain failure inevitably evolving into stagflation and recession.
  "Ultra MAGA Extremists" freely speaking louder AND LOUDER!
680 total vote(s)     What's your Opinion?

Inarguably, the policies of the Democrats in congress and Joe Biden as the Executive is plunging the United States into a recession, if we are not already there; a recession that was completely avoidable. Will abrupt changes in policies occur in time?
  Yes, the Democrats have a bold plan, yet to be revealed, to save us.
  No, there will have to be a complete undoing of the damage done by these Democrats.
  I can't do simple math, so how am I to understand the concept of basic economics.
1,176 total vote(s)     What's your Opinion?

Go Back

Leave a Guest Comment

Your Name or Alias
Your Email Address ( your email address will not be published)
Enter Your Comment ( no code or urls allowed, text only please )

Key Democratic Senator Bucks His Party Over Border Crisis: ‘We Need The Wall And A Lot More’ Daily Wire, Guest Editorial, Editorials, Op-Ed & Politics West Virginia Passes New Law Banning Most Abortions


Latest Op-Ed & Politics

Former President Donald Trump responded to Friday’s big news that the Justice Department was handing over its criminal investigations into him to a special counsel to avoid potential political bias by claiming that the DOJ was being “weaponized” against him.
The FBI has dispatched surveillance teams after several reports surfaced of Christian Nationalists planning to spend a day thanking God for His blessings and praying for America.
The Washington Post slammed President Joe Biden in a statement Friday for shielding Saudi Arabia’s Crown Prince Mohammed bin Salman from a lawsuit on Thursday over his involvement in the murder of Jamal Khashoggi, one of the newspaper’s columnists.
It turned out that some services like speedy justice and border security were provided more efficiently under the Taliban than under Western-influenced bureaucracies.
Program-value and debt-to-income data are sufficient to protect the public interest.
As flagged by Barstool Sports, Qatar just pulled one of the greatest “bait-and-switches” of all times by pulling the plug on beer being sold at the stadium roughly 48 hours before the World Cup is set to kick off in the Islamic nation.


New evidence suggests that some of the people present at Jesus Christ's famous Sermon on the Mount had to sit in an overflow section on the eastern side of the mount where a large jumbotron screen had been set up.
Mike Rowe told Fox News this weekend that men are becoming soft and lazy in part due to how much time they are spending on screens instead of working.
The Biden administration asked the Supreme Court to weigh in on its student loan forgiveness plan on Friday and let the program resume.
Democratic operatives are reviving a partisan watchdog group to “investigate the investigators” and hound House Republicans who are preparing congressional investigations into the Biden administration.
Attorney General Merrick Garland named Jack Smith, a former war-crimes prosecutor, on Friday as special counsel over two Department of Justice (DOJ) investigations into former President Donald Trump.


Local man Robert Thurdriftle took the day off work to tackle some of the 74 different things he had to do but, after puzzling about what to do first, eventually settled on doing nothing.


Back to Top