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> One factor is that back in the early 90s China was still an economically backward, closed Communist enclave barely more integrated into the global economy I'
by teh_klev 8y ago
> One factor is that back in the early 90s China was still an economically backward, closed Communist enclave barely more integrated into the global economy
I'd disagree, China was well on the way to becoming an economic power house in the early 90's:
https://en.wikipedia.org/wiki/Five-year_plans_of_China#Eighth_Plan_(1991%E2%80%931995) https://en.wikipedia.org/wiki/Five-year_plans_of_China#Eight...
- TooBrokeToBeg 8y agoBut it wasn't yet. Decades later, the infrastructure stabilized (although in 2010 consumer network products were still incredibly chaotic).
- teh_klev 8y agoIt certainly wasn't the North Korean type of basket case simonh was accusing it of being.