Viewpoint by Michele Nobile*
This is the first of a four-part series.
ROME (IDN) – The "peaceful rise" or "peaceful development" of China is one of the most remarkable processes marking the world economy between the twentieth and twenty-first centuries ... and perhaps the most important.
Over four decades of the era of economic reforms, per capita product growth, industrial production and export rates have been impressive. The Chinese government can proudly show that since 1978 its gross domestic product has multiplied, that China's share in world production has increased fourfold, that China is the number one exporter in the world and that it is the country with the largest currency reserves (mostly in dollars).