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In 1985, based on [[IMF]] data,<ref>https://www.imf.org/en/Publications/SPROLLs/world-economic-outlook-databases</ref> China was the eleventh largest economy, with a GDP of $313 billion, below the United States, Soviet Union, Japan, Germany, United Kingdom, France, Italy, Canada, Spain, and the Netherlands. China quickly got to tenth in 1990, with its $398 billion. China managed to get to eight in just five years, with a GDP of $737 billion. However, during this time, the Russian economy was collapsing, which meant that China went to seventh. The Italian economy got overtaken by the Chinese economy of $1.215 trillion in 2000. However, China nearly tied France and England around the $2.5 trillion mark. When the [[2008 financial crisis]] hit America and Europe, China boomed even further, becoming the 3rd largest economy in 2010, nearly tying Japan, with a $6 trillion GDP.
In 1985, based on [[IMF]] data,<ref>https://www.imf.org/en/Publications/SPROLLs/world-economic-outlook-databases</ref> China was the eleventh largest economy, with a GDP of $313 billion, below the United States, Soviet Union, Japan, Germany, United Kingdom, France, Italy, Canada, Spain, and the Netherlands. China quickly got to tenth in 1990, with its $398 billion. China managed to get to eight in just five years, with a GDP of $737 billion. However, during this time, the Russian economy was collapsing, which meant that China went to seventh. The Italian economy got overtaken by the Chinese economy of $1.215 trillion in 2000. However, China nearly tied France and England around the $2.5 trillion mark. When the [[2008 financial crisis]] hit America and Europe, China boomed even further, becoming the 3rd largest economy in 2010, nearly tying Japan, with a $6 trillion GDP.
At the end of the [[Cold War]] political scientist [[Samuel P. Huntington]] wrote,
{{Cquote|It appears probable that for most of [[history]] China had the world's largest [[economy]]. The diffusion of [[technology]] and the economic development of non-Western societies in the second half of the twentieth century are now producing a return to the historical pattern. This will be a slow process, but by the middle of the twenty-first century, if not before, the distribution of economic product and [[manufacturing]] output among the leading [[civilization]]s is likely to resemble that of 1800. The two-hundred-year [[Western civilization|Western]] "blip" on the world economy will be over.<ref>[https://msuweb.montclair.edu/~lebelp/1993SamuelPHuntingtonTheClashOfCivilizationsAndTheRemakingofWorldOrder.pdf ''The Clash of Civilizations and Remaking of the World Order''], Samuel P. Huntington, Simon & Schuster, 1996.</ref>}}
In 2015 China grew to $11 trillion, clearly becoming the 2nd largest economy. China led the world in production of ships, iron, steel, textiles, cement, chemicals, toys, electronics, railcars, aircraft, solar cells, shoes, cellphones, air conditioners, and personal computers. More than 80% of medical pharma materials came from China. In rare earth minerals, which are vital to so many high technology industries, by 2021 China had an 80% lock on the supply. Other sectors the CCP means to dominate include satellite technology, [[AI]], cyber, quantum computing and communications, battery development and manufacturing, and robotics.
In 2015 China grew to $11 trillion, clearly becoming the 2nd largest economy. China led the world in production of ships, iron, steel, textiles, cement, chemicals, toys, electronics, railcars, aircraft, solar cells, shoes, cellphones, air conditioners, and personal computers. More than 80% of medical pharma materials came from China. In rare earth minerals, which are vital to so many high technology industries, by 2021 China had an 80% lock on the supply. Other sectors the CCP means to dominate include satellite technology, [[AI]], cyber, quantum computing and communications, battery development and manufacturing, and robotics.