Sunday 24 September 2017

The rise and rise of China

CHINA has overtaken Japan, becoming the world's biggest economy after the United States. Forecasters now say that it could reach the top spot in 15 to 30 years if it continues to register annual growth rates close to 10pc.

Its new status had been widely predicted, but it is unquestionably a gigantic achievement.

The China we know rose from the ashes of a collapsed empire, a devastating war and the crazy "cultural revolution".

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