Galloping Economic Development

  • Eugenio Bregolat


If there is one image of China that is popular in the West, it is that of an economic giant that seems to just grow and grow. This economic growth is made particularly striking by the country’s huge scale. Its 9.6 million square kilometres make it the third-largest country in the world after Russia and Canada. Like them, it has continental dimensions, as do the United States, India and Brazil. But if we add to this territorial expanse a population of 1347 million in 2011, only India can stand comparison. The Chinese population is the same as that of Europe, the United States, Russia, Latin America, Indonesia and Australia combined. Forecasts are that this will rise to 1441 million in 2025 (with more than 400 million over-65s) then fall again to 1392 million in 2050 (by which time India will have 1593 million inhabitants). Again like India, but unlike the other countries mentioned, all of which belong to the European civilisation, China has its own civilisation. In terms of scale, European countries taken one by one cannot be compared with China; the real comparison is with the whole of the European Union. Heilongjiang and Hainan, for example, are no less different than Sweden and Spain. Like the EU, China spans all climates and has several time zones. Some Chinese provinces or autonomous cities, among them Shanghai, Canton and Beijing, enjoy a level of development on a par with the “four Asian Tigers” as they were only a few years ago.


Foreign Direct Investment Economic Reform Purchasing Power Parity Foreign Capital Chinese Economy 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.


Unable to display preview. Download preview PDF.

Unable to display preview. Download preview PDF.


  1. 10.
    Mure Dickie and Richard Waters in the Financial Times, 12 August 2005.Google Scholar
  2. 19.
    Henry Sandercom and Michael Forsythe: China’s Superbank. Bloomberg Press, 2013. p. 76.Google Scholar
  3. 20.
    World Bank and Development Research Centre of the State Council: “China 2030: Building a Modern, Harmonious and Creative High-Income Society”. 2013, pp. 20–22.CrossRefGoogle Scholar
  4. 28.
    James Kynge: “China Shakes the World”, Weidenfeld & Nicolson, 2006, p. 41.Google Scholar
  5. 33.
    Berken Byrne, China’s Manufacturing Metamorphosis. Cheung Kong Graduate School of Business Magazine, December 2012.Google Scholar
  6. 67.
    Joseph Needham: Science and Civilization in China, Cambridge University Press, Cambridge, 1954.Google Scholar
  7. 68.
    Simon Winchester: The Man Who Loved China. Harper, New York, 2008. p. 8.Google Scholar
  8. 87.
    Javier Santiso: El reequilibrio de la innovación. El País Dominical, Negocios, 30 October 2011.Google Scholar
  9. 109.
    Bruce Usher, “Red China, Green China”. New York Times, 4 April 2010.Google Scholar
  10. 127.
    Rebecca A. Fannin: Silicon Dragon. Mc Graw Hill, 2008. p. XIX.Google Scholar
  11. 129.
    Nicholas Lardy, The Economist, 10 November 2007.Google Scholar
  12. 130.
    Mure Dickie, Financial Times, 9 October 2007.Google Scholar
  13. 133.
    A. Bhidé: The Economist, 22 November, 2008.Google Scholar
  14. 145.
    Chi Hung Kwan, La superación del “síndrome de China” en Japón, Información Comercial Española, May-June 2003.Google Scholar
  15. 195.
    Henry Sanderson and Michael Forsythe, “China’s Superbank”, Bloomberg Press, 2013.Google Scholar
  16. 215.
    Zhang Weiwei, Professor at Fudan University, on Yang Rui’s programme Dialogue, CCTV English language channel, 12 November 2012.Google Scholar

Copyright information

© Eugenio Bregolat 2015

Authors and Affiliations

  • Eugenio Bregolat

There are no affiliations available

Personalised recommendations