China is the world’s sole manufacturing superpower: A line sketch of the rise. By CEPR
China produces more than the US, Japan, Germany, India, South Korea, Italy, France and Taiwan Province combined. Let that stat sink in for a while. This rise started in 1949 during the Mao Era and has not stopped. Why this staggering, ongoing success? The “dirty” word the West does not want to utter is: communism-socialism beats imperialism-capitalism hands down.
China is the world’s sole manufacturing superpower: A line sketch of the rise | CEPR
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