What went wrong?

>>85612402
Japan didn't kill them all.

What went right?

Mao happened

>>85612402
Foreign invaders fucked up the country too many times followed by communism

>>85612402
>$6.2 trillion or approximately 45% of the debt held by the public was owned by foreign investors, the largest of which were Japan and China at about $1.09 trillion for Japan and $1.06 trillion for China as of December 2016.

Why is China so based? They managed to outjew the US.

>>85613132
>YFW they have to sell that trillion dollars of debt to bail out state owned banks

>>85613132
Ins't their debt higher than US now?

>>85612402
Turbulent history full of constant in-fighting as well as forced and rapid industrialization.

>>85613393
government keeps saving businesses to prevent the economy from falling apart all the time in china. why do you think there are so many ghost towns that were cheaply built and then abandoned?

Damn, Mongolia looks like THAT?!

>>85613491
Yep, and they are burning cash to do so, as they are trying to avoid having one of the big three state owned banks needing bailouts.

>>85612402
Rampant imperial court corruption

Japanese colonialism

Rampant capitalist corruption

Communism

Rampant communist corruption