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Financial Times -- July 8, 2021: “China’s emergence over the past four decades ranks as the biggest and longest-run economic boom in history. Its annual gross domestic product rose from a mere $191 B, or $195 per capita, in 1980 to $14.3 T, or $10,261 per capita, in 2019. It has raised more than 770m people from poverty and transformed the Chinese economy into a high-tech powerhouse that is on course to eclipse America’s in size. This transformation is the landmark achievement of the Chinese Communist party, which celebrates its 100th anniversary on Thursday.”

Aug 31, 2021
at
10:47 PM