What happened to China’s economy
A slow undoing of a miracle or a perpetual authoritarian nightmare?
In 1990, China’s GDP was a mere $360.9 billion. Fast-forward to the present, and it has skyrocketed to an estimated $18 trillion, representing a fiftyfold increase. On a per capita basis, the average Chinese citizen’s income has risen from approximately $1 per day to $35 per day, or from $317 to…
