October will mark the celebration of China’s National Holidays, a seasonal event where people take trains home from big cities like Shanghai and Beijing to visit their families in the countryside. I think China could really be a whole chapter in one of Ripley’s Believe it Or Not books.
● Believe it or not: The People’s Republic of China (1948-2009) is just 60 years old.
● Believe it or not: China’s economic miracle (4th largest economy in the world) started just 30 years ago when Deng declared, “It’s good to get rich.”
● Believe it or not: China’s economy has been growing at over 10% a year for 30 years.
● Believe it or not: In the last 30 years, China has brought over 300 million people out of poverty.
● Believe it or not: The per capita yearly income has quadrupled in the last decade and a half.
● Believe it or not: The USA economy, in the middle of a financial crisis, is being floated by China’s ownership of over 2 ½ trillion in government bonds.
● Believe it or not: Much of the developing world looks to China, not the USA, as its role model -- there are a million Chinese professionals in Africa alone.
● Believe it or not: McDonalds and KFC make more profits in China than in the USA.
Congratulations to China for a truly historic achievement. National Holidays is really a cause for celebration!
[posted 2009-09-27 by Robert Hargrove]
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