One Year in China
is a lifetime in America
The stats have been audited, and here’s China’s 2021 track record:
Eliminated extreme poverty.
Achieved 98% home ownership.
Mastered Covid, with a death rate 0.6% of America’s.
Sold $140 billion retail online in 24 hours. Amazon’s record is $5 billion.
Made 55% of global energy savings.
Generated enough renewable energy, 1 TW, to power every home in China.
Produced a new billionaire and 300 millionaires every work day.
Completed new train lines in seven countries, including Laos’ first.
Ran 12,000 cargo trains to and from Europe, up 30% yoy.
Joined RCEP, the world’s biggest trade pact.
Launched the world’s first central bank digital currency.
Grew GDP by $1+ trillion PPP, 4x America’s.
Dominated scientific research and issued the most patents of any country.
Built three exascale computers + one for AI.
Brought two gas-cooled Pebble Bed nuclear power plants online.
Brought a cheap, safe thorium reactor online (no expensive, toxic uranium).
Certified a Covid treatment that reduces hospitalizations and deaths 78%.
Became the world’s largest movie market.
Built a programmable quantum computer 10,000x faster than Google’s.
Operated the first integrated, 3,000-mile, commercial quantum secure network.
Installed one-million 5G base stations. Tibet has better 5G service than New York.
Communicated between satellites via lasers carrying 1,000x information of radio waves.
Successfully fired the world’s most powerful solid-fuel rocket engine.
Flew three hypersonic missiles around the planet.
Released a fractional orbital bombardment missile while traveling 17,000 mph.
Commissioned three warships simultaneously to become the biggest navy by far.
Became the richest country on earth.
I will publish the 2022 list next week, and a 2023 half-year report next month.
Did reading the list make you pause and think? If it did, perhaps you would forward it to thoughtful friends.
that American lifetime is running backwards in that case, with increases in poverty, suicide rates, declining life expectancy, etc.
Fascinating! That figure for online sales is simply mind-boggling. If I could share an anecdote in this regard: one day a few weeks ago I placed two orders on Aliexpress for inexpensive household goods. From different vendors. The two parcels were combined at some point in the shipping process, passed customs with no ado (Aliexpress collects the VAT), and arrived in a single bag. I cannot begin to imagine the kind of logistics system they must have to be able to be able to pull that off. Perhaps both vendors were using the same warehouse. But even then, with the volumes they must be dealing with...