Demystifying the Chinese Economy

China was the largest and one of the most advanced economies in the world before the eighteenth century, yet declined precipitately thereafter and degenerated into one of the world’s poorest economies by the late nineteenth century. Despite generations’ efforts for national rejuvenation, China did…

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China was the largest and one of the most advanced economies in the world before the eighteenth century, yet declined precipitately thereafter and degenerated into one of the world’s poorest economies by the late nineteenth century. Despite generations’ efforts for national rejuvenation, China did…

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