Friday 13 December 2019
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China's quarter-century
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PrintMost East Asian economies have followed the same pattern: a lengthy burst of speedy growth, followed by a fall to the developed-state norm.
Flickr Photo: Rym DeCoster
Mumbai in 2014.
Published: Wednesday, 05/13/2015 12:00 am EDT
Last Updated: Wednesday, 05/13/2015 12:00 am EDT
The picture of the two Asian giants that most people carry around in their heads shows China racing ahead economically while India bumbles along, falling ever further behind. People even talk about the 21st century as China’s Century, just as they called the 20th century the American Century. But it may turn out to be only China’s Quarter-Century.
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