China has brought hundreds of millions out of poverty thanks to the opening of the economy. In 1978, 90% of the 800 million Chinese lived below the absolute poverty line of $1.90 a day. Today, there are `only' 43 million, three percent of the population of 1.4 billion. Blue skies in Peking! The hourly wage has tripled since 2006 from $1.20 to $3.60.