Qin Gang tells press briefing that Beijing has learned from the fall of the USSR and will not suffer a similar fate.
  • JosipBRUHTito [none/use name]
    ·
    3 years ago

    Also bear in mind that China's "GDP" is much more reflective of productive capacity than America's exaggerated "GDP" is. They have reached a level of industrial parity with the West that the Soviets never came close to, and show no signs of stopping or even slowing down

    • vccx [they/them]
      ·
      3 years ago

      And even then China has not even caught up the Per-Capita GDP that the Soviet Union accomplished in the 1980s.

      The Soviet Union was an economic and industrial powerhouse.

      • JosipBRUHTito [none/use name]
        ·
        3 years ago

        Soviet GDP/capita in 1980 was $5800/person, in 1991 $9200, Chinese GDP/capita is now roughly $10,500 per capita, per the world bank.