How did this notion of Chinese supremacy gain hold? The answer is nothing more profound than statistical extrapolation. China was destitute when Deng Xiaoping grabbed power in December 1978. Since then, the country has averaged, according to official statistics, a spectacular annual growth of 9.9 percent. This rate, if carried forward, gives China the world’s largest economy in a few decades—2027, to be exact, according to a now-famous Goldman Sachs estimate.
marghet reblogged this from the-feature and added:
i dunno, i think i’ll keep trying to learn chinese anyways.
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interesting-ass article.
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In related news.
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