Hacker News new | ask | show | jobs
by genoapol 2184 days ago
>Just because China is able to catch-up some of the growth that it completely missed out on due to the turmoil of the Communist revolution and the turbulent 50s and 60s, doesn't validate this system one bit. Other countries were ahead of China, with more growth and sustainability, minus the cruelty.

The most powerful countries in the world were literally coasting on stolen Chinese wealth for 100 years of so. When the UK couldn't coast anymore, it lost world reserve currency status.

2 comments

That era ended long before the Communists took power. Which they did by allowing the KMT to deplete their resources by fighting the Japanese first. They contributed surprising little in the war effort.

Now, can we get back on the subject of how the CCP is treating dissidents (and neighbouring countries)?

>doesn't validate this system one bit. .

India springs to mind as a good 1:1 comparison candidate and it seems to be doing much worse than China in most economic metrics.

Was India next to a financial hub like Hong Kong and a electronics and manufacturing hub like Taiwan that rapidly industrialised in the 60s and 70s? India is also further positioned from the Pacific and the sea routes to the US market, but that's a secondary reason, not the primary one.

Just because they both have large populations don't make them alike.