[T] The China GDP Meme, Part II

While I’m dismissive of the idea that China’s GDP will scoot past the U.S. by 2030 — that is naive extrapolation of very large numbers — it is worth remembering that for most of the past 2,000 years China and India were the two largest economies in the world.

Check this figure from The Economist (based on research by Angus Maddison):

china-gdp-ii

Note: Gigantic Excel table here, if you want to play with numbers yourself.

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