Will China Blindside the West?
December 2, 2002
China’s transformation is trickling even into the poor interior, dragging all 1.3 billion people into the world economy. When historians look back on our time, I think they’ll focus on the resurgence of China after 500 years of weakness — and the way America was oblivious as this happened. For most of human history, China was the world’s largest economy and most advanced civilization. Then it stagnated after about 1450,… read more