Interestingly, at least in the context of this blog, the Economic Development Board fo Australia [CEDA] has recently published a report that includes some interesting material providing a little historical context...
...China's rise in the last decades of the 20th century and the early 21st century represents a re-emergence. China was easily the world's ;argest economy for most of the past 1500 years; as recent as 200 years ago, it accounted for perhaps one third of the global economic output. In the 21st century, it is poised to assume something like that importance again. But in sharp contrast to much of the previous millenium, 21st century China will most likely trade aggressively with the rest of the world as both producer and consumer...
Australia China Connections June/July 2005
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