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> Can anyone comment on the accuracy of this? What other times in human history would be in the running for this "title"? The only comparable time is when US i
by awkwarddaturtle 9y ago
> Can anyone comment on the accuracy of this? What other times in human history would be in the running for this "title"?
The only comparable time is when US industrialized and we went from agrarian to urban/industrial in a matter of few decades and became the largest economy in the world by the late 1800s.
But what china has done is US on steroids. In the past 40 years, china has created 100 cities with more than 1 million people. To put that into perspective, we have 10 cities with 1 million or more people in the US. They went mostly rural to half urban in 40 years. In the next 10 years, china is expected to create another 100 cities with more than 1 million people. Think about that. Here is a short world economic forum video about china's urbanization.
https://www.youtube.com/watch?v=R0V3gxyU55Q https://www.youtube.com/watch?v=R0V3gxyU55Q
As for the wealth, look at the GDP growth the past few decades.
https://en.wikipedia.org/wiki/Historical_GDP_of_China https://en.wikipedia.org/wiki/Historical_GDP_of_China
They went from poverty and famine in the 50s/60s to the largest GDP in the world in PPP terms.
https://en.wikipedia.org/wiki/List_of_countries_by_GDP_(PPP) https://en.wikipedia.org/wiki/List_of_countries_by_GDP_(PPP)
And the 2nd largest economy in nominal terms.
https://en.wikipedia.org/wiki/List_of_countries_by_GDP_(nominal) https://en.wikipedia.org/wiki/List_of_countries_by_GDP_(nomi...