China's share of the global economy is falling by the most since Mao Zedong, and the historic turn could 'reorder the world'

China's share of the global economy is falling by the most since Mao Zedong, and the historic turn could 'reorder the world'

Upworthy

Published

China's share of world GDP is on pace to shrink 1.4 percentage points over two years, Ruchir Sharma wrote in the Financial Times. • It's the largest decline since the 1960s and 1970s, when Mao Zedong oversaw a weak economy. • "In a historic turn, China's rise as an economic superpower is…

#ruchirsharma #maozedong #sharma #greatleapforward #indonesia #mexico #brazil #poland #beijing #xijinping

Full Article