Let China sleep, for when she wakes, she will shake the world.
Until recently, the world happily ignored Napoleon’s warning. But China is now shaking the world. The US was the first continental capitalist economy. The European Union is trying to become a second. Potentially, China dwarfs them both. Already, it is a big and controversial presence in the global economy. Its impact is certain to increase still further. Fear is an inevitable response to this growing upheaval. But how far is it justified And what is the best response
(41) The amazing achievements of China’s trade,
China’s trade performance has, indeed, been astonishing. Between 1980 and 2002, China’s share in global exports and imports rose from 1.2 percent and 1.1 percent, to 5.2 percent and 4.2 percent, respectively. From 1993 to 2002, the volume of China’s exports of goods rose at an annual rate of 17.3 percent.
(42) How to evaluate the impact
Let China sleep, for when she wakes, she will shake the world.
Until recently, the world happily ignored Napoleon’s warning. But China is now shaking the world. The US was the first continental capitalist economy. The European Union is trying to become a second. Potentially, China dwarfs them both. Already, it is a big and controversial presence in the global economy. Its impact is certain to increase still further. Fear is an inevitable response to this growing upheaval. But how far is it justified And what is the best response
(41) The amazing achievements of China’s trade,
China’s trade performance has, indeed, been astonishing. Between 1980 and 2002, China’s share in global exports and imports rose from 1.2 percent and 1.1 percent, to 5.2 percent and 4.2 percent, respectively. From 1993 to 2002, the volume of China’s exports of goods rose at an annual rate of 17.3 percent.
(42) How to evaluate the impact
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