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Asia’s anti-poverty gains are under threat as the coronavirus and deglobalisation deliver a double whammy

As the coronavirus pandemic grinds onwards, China’s goal of eliminating poverty by the end of this year looks far tougher than it did six months ago. At the end of the recent “two sessions” political gatherings in Beijing, Premier Li Keqiang sounded upbeat, saying the goal would be met. But, with its economy stalled, China’s recent anti-poverty gains threaten to slip back.Yet if China is at risk, there is a far greater threat in the rest of Asia, and indeed across the emerging world. Whatever…

Read the original article at South China Morning Post

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