Mongolia's Crucial Election: Wealth Distribution & Political Power at Stake 🇲🇳

Polls have closed in Mongolia for the country's seventh parliamentary election. Thursday's election pits the 90-year-old Mongolian People's Party (MPP) against the Mongolian Democratic Party (MDP), as well as 11 other parties.<br /><br />The northeast Asian country had the world's fastest-growing economy last year, but a third of its people live below the poverty line.<br /><br />Many fear Mongolia's vast mineral wealth may continue to be distributed unequally after the elections due to widespread corruption. <br /><br />Steve Chao reports.