World Economic Forum special report: Contents
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Diana Choyleva Director and head of UK service Lombard Street Research |
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China’s reawakening has transformed the global economy. For many centuries it was the world’s greatest. Chinese steel production in 1066, using blast furnaces, exceeded Britain’s in 1866. In 1421 a Chinese fleet of 1,000-ton ships sailed the world, south to Australia and New Zealand, east to America’s west coast. The Spanish Armada was puny compared with Kubla Khan’s attempted Japanese invasion.
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