CHINA’S LAST TWO MILLENNIUMS

A tremendous chart from The Economist. For Chinese people, China is merely slowly retaking its normal leading place in the world economic order. The last 200 years were but a short term aberration in the normal scheme of things.

Data compiled by Angus Maddison, an economist who died earlier this year, suggest that China and India were the biggest economies in the world for almost all of the past 2000 years. Why they fell so far behind may be more of a mystery than why they are currently flourishing.

 

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