CHINA- FROM HUMILIATION TO DOMINATION

BEFORE 1820: CHINA had 38 % of the population of the world and generated 35% of total work output. China and India together accounted for more than half of the world’s output.

The 19Th Century was the century of HUMILATION

The 20th Century was the century of RESTAURATION

The 21th Century is the century of DOMINANCE

The 200 years of economic stagnation was an aberration to correct

CHINA is really not an EMERGING COUNTRY, it  is fighting back to get its status of first world power it enjoyed before 1820