Pretty easy to do that if you redefine poverty.

"600 million people have less than 1,000 RMB monthly income" - Li Keqiang, ex-premier of the State Council of China.

How is that compared to 20 years ago? Did it get better or worse?

I in no way support the chinese political system, but the one we have in the west (EU for me), made average rent higher than an average pension while buying is impossible for a huge percent of people due to overinflated prices. I used to live in a communist country (still live here, just the country doesn't exist anymore), and out of all the bad things they did, atleast they knew how to build affordable housing.

Yes, Cost Per Click eliminates poverty. For Google.