Share this on Twitter Share this on Facebook Share this on LinkedIn Share this on Sina Weibo Share this on Wechat Share this on LinkedIn Credit: Imaginechina via AP Images A year ago, the Chinese government announced that it had eliminated absolute poverty in China, a month before President Xi Jinping’s self-imposed deadline for achieving his signature aim. To meet this goal, the central government has spent tens of billions of dollars — almost $21 billion in 2020 alone — steadily ratcheting up anti-poverty spending every year this century. Data: National Bureau of Statistics China Statistical Yearbook But where has all of this money gone? Much attention has focused on the campaign’s impact on individual residents via the construction of new homes, food donations, and controversially, forced relocation of rural residents. But companies, not individuals, have arguably benefited the most in financial terms. A review of company registrations carried out by The Wire found thousands of Chinese companies, ranging widely in value, with apparent links to the poverty alleviation campaign. This week we examine what their existence reveals aSubscribe or login to read the rest. Subscribers get full access to: Exclusive longform investigative journalism, Q&As, news and analysis, and data on Chinese business elites and corporations. We publish China scoops you won't find anywhere else. A weekly curated reading list on China from David Barboza, Pulitzer Prize-winning former Shanghai correspondent for The New York Times. A daily roundup of China finance, business and economics headlines. We offer discounts for groups, institutions and students. Go to our Subscriptions page for details.