Summary:
How did Chinese economy develop at the fastest pace in shortest period in human history? Chinese GDP was around $ 200 billion and the per capita income was around $190 at that time. She said in 1978, China and India were in the same range of national GDP and per capita income. Even if China’s economy grew at 5 per cent, it would be adding $ 700 billion per year to the world economy. Upon her return to India, she realised that there was very simple, single-dimensional understanding of China, while there were many dimensions to the economic growth unleashed by clever strategy..