Sunday, March 30, 2014

China graphs of the day

From among an excellent collection of graphs about China's extraordinary quarter century of growth available here, a few stood out.

For some time now it has been well known that China was the engine of global economic growth. Whole countries have been transformed by its insatiable appetite for commodities. This has become more pronounced since the Great Recession.
What makes the Chinese economic growth truly amazing is its contribution to the spectacular decline in poverty. The contrast with South Asia is stunning.
The scorching pace of growth though has had its negatives, with a steep increase in carbon-di-oxide emissions. 

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