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what led to the substantial decline in poverty in china and southeast asian countries

The reason that there was a substantial decline in poverty in China and southeast Asian countries was the high economic growth in these countries. The high economic growth was due to the fact that they followed an export oriented policy of industrialization. The concentrated on mass manufacturing of many products which were then exported to various other countries. This increased the GDP and the per capita income of these countries which led to the fall of poverty.

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Since Deng Xiaoping began instituting market reforms in the late 1970s, China has been among the most rapidly growing economies in the world, regularly exceeding 10 percent GDP growth annually. This growth has led to a substantial increase in real living standards and a marked decline in poverty.....
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due to invasion of market by deng xiaoping the china was the most rapidly growing market in the world with inc. in 10 % of gdp anually . this results in decline to poverty with i nc of standards of people
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