Www.cid.harvard.edu/events/papers/demurger-woo.pdf. Www.ccwe.org.cn/ccweold/journal/3/28.pdf. Chinese Economic Geography. China China does not have the abundance of blessing that the US has, but it is not the black hole that Russia can be either.
Although it does contain natural resources and good fertile land, particularly in the south west, it also has large areas of both desert and frozen steppes. For five thousand years it has maintained a unified and independent status through skillful political and military organisation built around a strong center, which currently sits in geographically poor Beijing. Coming Soon: The Great Bubble of China.
Growth happens over months and years.
Crashes happen overnight. And even though China's exports are down in excess of 20 percent and the US and Europe have ceased being the big spenders in China they once were, Asia's biggest nation is growing at about 8 percent per year. Being a command economy, when the Chinese central bank makes a decision, results happen fast.
Files/reinterpreting_china_success1.pdf.