“Measured in terms of the World Bank poverty standard, the number of poor people in China fell from 652 million to 135 million between 1981 and 2004 - in other words, more than half a billion people were lifted out of poverty. The number of poor people in the developing world as a whole declined by only 400 million over the same period. In other words, but for China, there would have been an increase in the number of poor people in the developing world. No wonder a World Bank report said that "a fall in the number of poor of this magnitude over such a short period is without historical precedent.”