As China is a regular topic for discussion among my friends, I thought that the following quote from the Grolier series of books,
Lands and People, would be decidedly interesting:
Western experts are inclined to believe, even allowing for communist exaggeration, that China’s yearly rate of growth reached 8 or 9 per cent during 1952-57. The rate may be even higher today. Should this tremendous expansion continue the Chinese Communists may begin to threaten American and Russian industrial supremacy by 1970 or 1980. (1961:248-9)
I picked this series of books up many years ago at a secondhand bookstore. It is a complete, seven book set, in mint condition, offering a glimpse of what the world was like close to the middle of the twentieth century. There’s no Afghan war to report. There’s no war in Vietnam. What has held true is China’s economic growth, averaging about three times the annual US economic growth during the same period.
If you haven’t already done so, I recommend that you hop on over to Radio Open Source and listen to the April 18th, 2006 podcast,
China vs. India – The Next 100 Years. We will surely speak of China again.
By the way,
tasseography is the art of reading tea leaves. It's possibly an apt metaphor of our musings on China.