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Economics Explained. Higher GDP nominal = geopolitics, higher potential to international power projection. Higher GDP nominal per capita = increased ability to import what the country does not have of raw materials or finished products, very high prosperity, but nothing about distribution. GDP ppp per capita = how much can you as a tourist buy of local goods in the supermarket for 100 $, what does it cost to go to a restaurant that uses local goods. GDP ppp = is it a big or small country. GDP nominal per capita is good for comparing rich country with rich countries. GDP PPP per capita is not good, as there is a big difference in redistribution in rich countries, so a country like Denmark has very low in PPP, because the prices of the goods in the shops are high, the same with the cars, petrol, and the tax is high, but the many taxes are then redistributed in the form of free services like health care and discounts from the public, SU up to $ 2000 per month in support during the free education, and cash payments to families and singles with children, and the PPP model does not take this into account. China nr 1. GDP PPP Economy of 19th century, but in the mid-19th century China was overwhelmingly defeated by Britain and France, only with a few ships and the equivalent of a total of one division of soldiers, the Xianfeng Emperor fled the capital, and was forced to sign a treaty as humiliating as the Treaty of Versailles.
Would like to correct you on one bit - the Chinese did in fact experiment with gunpowder's military uses when it was discovered, and iirc the earliest surviving record of gunpowder being used for firecrackers is roughly contemporaneous with the widespread adoption of the fire-lance, which was a century (or up to two) after various formulations of less-explosive gunpowder were adopted for firebombs and fire-arrows. Guns and cannons also found their first use in China, given archeological evidence of depictions of cannon in the 12th century and surviving textual records dating to the 13th century, with the earliest confidently dated find in the late 13th century (the Xanadu gun). Gunpowder came to Chinese society during the Song dynasty, a period that saw an uneasy balance of three states throughout, ending with the conquest of the entirety of China by the Mongols, an effort that took more than half a century. The Mongol peace that followed was short-lived, with the Mongols Yuan disintegrating within a century, and more warfare (both between Mongol-led forces and Chinese, as well as between Chinese rivals) would continue for decades, until the Ming had consolidated itself fully. Gunpowder found plenty of military use during this time. (This is not to mention other non-Europeans e.g. the Arabs who would readily adopt gunpowder for military use after its introduction by the Mongols.) Europeans did eclipse the Chinese in gunsmithing at some point in the mid-late Ming dynasty (generally speaking), however.
Not sure if anyone has pointed this out already, but at the 9 minute mark you accidentally wrote "China looses" instead of "China loses". Loving your content so far!
and Europeans didn't bring opium into China. Chinese people did that, and the market for selling opium to the Chinese existed before The White Man arrived.
There has never been a driver of exploration. Sure columbus might have wanted to explore, but he wouldn't have gotten the funding if it weren't for the economic incentives. There are only two drivers in mayor leaps, war, and money.
@@Tezzeen Colimbus literally set out with the goal of sailing into Asia, and he thought that was possible with supplies because he got his numbers wrong when calculating the size of the Earth
@@freddy4603 I've always felt that there was something "they" are not telling us about Columbus. I think he knew he wasn't going to India. Europeans knew the circumference of the Earth fairly accurately, since at least the time when Eratosthenes calculated it, and the Vikings didn't have some giant conspiracy to keep their exploration of North America a secret. And yet they still teach us in our schools that Europeans thought the Earth was flat, and didn't even believe it was round until Magellan proved it. It's just blatantly wrong. Like they want to hide something...
if someone was born outside the city , but was raised and lived in Rome all his life, he is as roman as he can be without getting into some genetic purity shit.
Fromagorat i wonder why so many different nations have something related to the term “7 generations”. Greeks, Italians, Persians, Arabs, Russians, nations of the Caucasus and Central Asia.
Mário Ferreira It takes 3 generations to integrate to a new society. To say 7 is fine to say tbh. If people don’t integrate in 3 generations, then it’s best to live somewhere else. Unless causing instability is fine by you
In regard to your “Roman” question yes, people in Rome do call themselves Romans. It might sound strange for someone from the “New World”, so to speak, but in Europe and Italy in particular that’s the norm. In large part that’s due to the deep rooted history and particularism that exists since Medieval times. It’s not even limited to big cities, the town you come from, however small, is an integral part of your identity. And sometimes even the neighborhood!
I was seriously wondering about that when I was reading the book of Romans in the Bible. Was like “wait do people still call themselves that these days?”
Italy has been historically divided into smaller nations for a lot of time, so every region and every city has developed its own culture and distinct dialect (which are actually different languages, but they're becoming normal dialects as italian has become more and more common in the last century), so people identify with their region and even their city, romans call themselfs romans, I think. EDIT: I should have said that this division is for the most part not much more than an inside joke, like we joke about our differences and so on but we identify as italians at the end of the day, still it's not uncommon to hear someone say they are from a certain city, like in this case saying "I'm roman"
this is not as deep as many thinks. We all identify as italian (except for south tyrol ofc), but we like to argue with our local regions, cities etc. mostly for fun. Maybe just a few elders apply some form of discrimination againts others italians, but they are not many.
Aren't Italian conflicts mainly about north versus south? If the residents of each of the major cities are also identifying firstly by region, then that sounds like a rather worrying level of failure of the integration effort.
When I called a few Italians Romans they kind of were hesitant to agree, they wanted to be called Italian not Roman because the Roman empire has negative stuff attached to it.
China has been a superpower in most of ancient times, eg, just their palaces are many times larger than any palaces anywhere in the world not to mention their armies.
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I like how your mis stated PPP. You should've explained that it's not just poor countries but also countries that keep their currency exchange rates low versus the dollar like Japan. During Abe's version of QE their GDP took a due to Japan artificially keeping the value of the yen down. You literally say the reported income and profit reports of Japan's largest corporations in USD dropping drastically from one quarter to the next due to the change in the yen's value.
A bit of an off question but do you have more information regarding comparative wars within china VS within the western world, and how far back that information spans? I'm curious about way back in the 3 kingdoms era when china kept breaking apart due to total incompetence. :x
One of your statement is wrong, I can tell you every single Chinese citizen who have been to middle school knows who is Napoleon. The Chinese learnt the most famous foreign figures in their world history. The Chinese know much more about the West than the opposite.
Not to dismiss the education, but I personally know many people with higher education don’t know Napoleon. I think China’s world history education still have a lot of room for improvements
Why should the West learn something about a power which builds concentration camps for its citizens and kills more people every year, than the rest of the world combined. Chinese people would sell their souls for a little bit of money, that’s called communism...
Just to correct one line in the video: "most Chinese students wouldn't even know who Napoleon was". Almost every Chinese student knows who Napoleon was from their history textbook.
In Italy people do call themselves by the city and region they are from, especially since all the regions essentially speak different languages. For example, I am a neapolitan
gwidiwichcapitalist rippingoffpeasants The best medium is sensibility when looking at news and social media. I view CCTV/CGTN in the same regard as I view western media such FOX and CNN, (or Australian media for myself) all are valuable insights but none of which you should take solely as a matter of fact. IMO, you are just as wrong if you take Western media for Chinese understanding as if you Chinese media for Western understanding, same applies for Chinese understanding as well.
The best way to understand a country is to learn the language, to understand China thoroughly, you need to learn Chinese characters.Until you can understand the Dream of Red Mansions.
I would like to do that on occasion but I find that most people prefer shorter videos between to sort of 10 - 15 minute range. Blame it on our poor attention spans these days I guess haha
@@EconomicsExplained true, your video lenght make perfect introductory videos, that gives a good idea of the situation. But some occasional deeper analysis would be welcomed by most I think, why not make a youtube survey ?
I cite: "There were decades in Chinese history when the rate of recorded peasant uprisings was roughly 1.8 per hour (!). What’s more, such uprisings were frequently successful. Most of the most famous Chinese dynasties that were not the product of barbarian invasion (the Yuan or Qing) were originally peasant insurrections (the Han, Tang, Sung, and Ming). In no other part of the world do we see anything like this. As a result, Chinese statecraft ultimately came down to funneling enough resources to the cities to feed the urban population and keep the nomads at bay, without causing a notoriously contumacious rural population to rise up in arms. The official Confucian ideology of patriarchal authority, equal opportunity, promotion of agriculture, light taxes, and careful government control of merchants seemed expressly designed to appeal to the interests and sensibilities of a (potentially rebellious) rural patriarch." From Graeber his book Debt. In the notes: "According to Parsons, during the period 1629-44, there were as many as 234,185 insurrections in China, averaging 43 events per day, or 1.8 outbreaks per hour” (Deng 1999:220)"
1629-44 seems to be one of the most screwed up and fiercely talked about eras in imperial Chinese history, but I'm a bit surprised at the number 234185. Who is Parsons and what book is Deng referring to?
One reason why the government knows that the well being of the people is their mandate from heaven to govern; a revolt from the people is what the government fears.
@@PM_ME_MESSIAEN_PICS Deng is referring to "The Premodern Chinese Economy: Structural Equilibrium and Capitalist Sterility" 1999 and Parsons is referring to "The peasant rebellions of the late Ming dynasty" 1970. This is what Deng has to say about it: "Popular armed rebellions were probably the most striking characteristic of premodern China in comparison with its counterparts. As a phenomenon in premodern China, they have received some scholarly attention. But few know exactly what occurred, owing to the lack of data. To begin with, no one knows just how many rebellions have taken place in Chinese history. From the official record there were several thousand incidents within just three years from AD 613 to 615, probably one thousand events a year (Wei Z. AD 656: ch. ‘Report of the Imperial Historians’). According to Parsons, during the period 1629-44, there were as many as 234,185 insurrections in China, averaging 43 events per day, or 1.8 outbreaks per hour (Parsons 1970: 187). These figures are too great to be realistic unless the Chinese had nothing else to do but rebel." I couldn't find a copy of Parsons' book this quickly so that'd be up to you.
This is a very good point - but you have to admit that the period between 1629 and 1644 is extremely atypical, given the Qing invasion from the north and the devastating wave of famine that swept through China. A fall in average temperature in China of 2 degrees celsius in the 1640s caused rice crop yields to fall by 30-50% and millions to starve to death. This desperation, combined with the Ming's preoccupation in the north that deprived the areas affected of aid or protection from bandits meant that rising up against the government was more necessary to peasants' survival than at any other point in Chinese history. Also, does Parsons define "insurrection" at all? In Parker's book "Global Crisis: War, Climate and Catastrophe in the 17th Century", he states that only a million peasants were involved in armed insurrection between 1610 and 1639. If he's right (and obviously this figure would have increased from 1639 to 1644), then that would mean that each "insurrection" would be comprised of 5 people, give or take a few
One thing to note is that China was not always ruled by the Hans. For example, during the Yuan dynasty, China was ruled by Mongols, and during the most recent Qing dynasty, China was ruled by Manchus.
@@Lweiwei not always true. To be honest no one had the idea of identifying racial purity or belonging to same ethnicity. Science back then was far different compared today. Back then chinese would mary anyone that looks like them like koreans, japanese, etc.
Thank you very much for the excellent background music. Finally someone who knows how to apply his craft, and support the main theme. The music and volume were just perfect, fitted the story line all the way. Bloody good mate.
6:04 not to sound offensive. China currently has one of the best basic education in the world(as cramming knowledge into a child's brain. If we are talking about overall development or any other area than Northern European countries is the best) and I have experienced first hand. On that note, we know who Napoleon is and our history book cover as much if not more(more as in numbers/quotations/bibliography sense, so if you tell an average Chinese student to imagine how Napoleon would react to a situation as in the way he talks and react, depending on the nation and people you compare the Chinese students to, there is a chance that the Chinese students come of tied in such comparison) than the average Western society textbooks(Average as taking in to account most European nations excluding ex-soviet states, and taking into account Canada, America, France, Australia and New Zealand). A better example is that Asians are good at Math which is a stereotype often contributed by Asian countries having higher standards towards basic education(again higher standards in focusing on cramming knowledge into as short period of time as possible and depending on the institution-in a very competitive manner). The Chinese education system focuses on different things compared to the West and I'm not going to get into the pros and cons of either system just trying to point out a misconception. Also note that I am only pointing this out on a channel that in my opinion is very neutral with an informative content delivery which is rare nowadays especially on TH-cam(if anyone on the EE team is reading this-keep up the good work!).
Italian here! Yes, people of Rome call themselves 'Romani', just as people from Bologna call themselves 'Bolognesi' and people from Venice call themselves 'Veneziani'. It's a simple way to say where you are from. Additionally, other Italians can easily identify from which city or area someone is from based on their accent.
Pretty sure when i started subscribing, this channel had around 60k subscribers. It's great to see it grow to where it is now in just a few months. keep it up
Well said. The main different between western society and the chinese is, the west they always talk about anti-racism on the outside but inside everyone is racist to some extend. For the Chinese, they don't really care about race at all, in fact they call people out for their race/skin color, but deep inside they don't care at all They call people out not because they are racist, only because they really don't care about your race/skin color.
@@tarotaro6933 That's what a lot of racists in the west also think about themselves. Which is just a lack of awareness about what forms racism can take
@@tarotaro6933 nah, you have not seen it because there hasn't been a good enough reason for the millions of chinese nationalist to attack anything. Human nature is ultimately the same. I would not say the Germans were by nature more racists than anyone. I mean my dad is a nationalist just because he went oversea and it's pretty easy to blame everything on race, so there you go
@@DavidSmith-nx3zw I have met a lot of African origins in Guangzhou. Most of them are SME business partners of my friends. I have never seen any African was enslaved. Therefore please do some fact check before you open your mouth and bullshit on internet.
My girlfriend is from Roma, she calls herself roman. I think Italians are very proud of the areas they come from (as she tells me) so they often call themselves after the cities or places they come from. When we hear people speaking Italian the first thing she does is figure out where they’re from (and gets it right everytime). Very interesting culture, maybe worth visiting their economy
Forgotten by history, Romanians still call themselves "Roman" - but this kind of proves the point, namely how utter and almost total was the fall of the Roman empire.
Adrian Farcas The most influential empire in the world. The military systems are copied to this day even by the Chinese. I don’t see Romans in Italy queueing up outside Chinese restaurants. I don’t see the world queueing up or aspiring to drive Chinese cars. But then again Adrian you mayWant to drive a great Wall. I’ll take a Ferrari or a Maserati. The Roman influences leave on
Actually, the Roman empire continued under what we now call Byzantium (they called themselves Roman, though). It continued to be a wealthy, advanced and powerful state for centuries. Millions of people (mostly Greek speakers) continued to call themselves Roman right up to the 19th century. Modern nationalism erased all that.
@@meean8799 Perhaps true - let's say that the pieces were put back together, in various other shapes. But the legacy of the fall (essentially the cultural division of the Mediterranean world) continues to the present day.
A lot of scientific and historical texts were lost in the Western half of the empire. The only reason we know about Ceasar and Cicero is because of Byzantine and Islamic scholars who kept the libraries in Constantinople and Baghdad. Otherwise, the whole classical tradition could've been lost for good.
I literally went from peasant in the Stone ages, to running water/indoor plumbing, black and white tv, and computers and my first computer cost 4K USD back in the day. All in about 40 years span.
wasn't it because of the constant warring that europe advanced significantly with technology? Cannons and gunpowder turn into "more favourable" trade agreements with china
i kind of believe it. Progress always happened to maintain upperhand. This seems true for all the cases: greek states, ancient china, and look at the pace of space achievements during cold war and now. Wars are bad thing but fears of losing war seem to motivate states.
It wasn't just European decentralization. In the 1400s China nearly completely gave up on its maritime technology. Up until that point, it was the most advanced maritime nation on the planet, with direct trade extending as far as Africa before the Portuguese figured out how to build ocean worthy boats.
If that were true, Balkans would be the most advanced region in the world. Technology advances with scientific discoveries and scientific discoveries happen as a result of research (sometimes accident). For research to take place you need a population that has time, knowledge, interest and financial means to pursue it. That happens almost exclusively in extremely wealthy regions of the planet: Classical era - Greek city states Middle ages - silk road, muslim world Renaissance - Northern Italy, Low countries Early modern era - Northern France, Low countries, Spain, Portugal Victorian era - England, New England (in USA) 20th century - Most of Europe, especially Germany After WW2 - USA, Western Europe (USSR stands out here as it was exceedingly innovative but not rich) Last 2 decades or so: USA (Silicon valley), EU, Japan, S. Korea, CANZUK, China (Shenzhen) I would argue technology develops almost exclusively in wealthy regions and that war doesnt have that much to do with it. Sure RADAR helped, heat seeking missiles help, but you are not really going to invent fertilizer or crop rotation during the war.
@@foxy7558 well, maybe that was overall true but there were definately many profitable colonies that didnt require much investment. For example Carribbean, everyone profited there. Belgian Congo, British India, Dutch East Indies, French Louisiana are other examples. There is one nation though that lost money in every single one of its colonies and went into colonialism solely for prestige that came with a colonial empire - Germany.
nice intro and vid as always but before heading into the 20th century it might be worthwhile giving some grounding into the so called 'century of humiliation' in China (1839-1949) which featured a lot of pretty horrendous imperial and colonial influence and warfare from European powers toward China - including the two opium wars, wherein the UK, and later France declared war on China in response to China's attempt to stop their importation of opium into the country. This period of Chinese history lays the groundwork for an antagonistic relationship with European powers, and to my (very limited) knowledge was formative in many of the nationalistic and isolationist campaigns undertaken by the early Chinese communist party.
Oh the horrors of free trade and rule of law! And how horribly had Japan suffered under Mathew Perry! Sarcasm aside, that whole "century of humiliation" is a propaganda gimmick od the CCP, to explain weakness of historical China and pump the hate towards the outside world. If anything the real humiliation was the daily ordeal of common Chinese being ruled by their fellow nomad horsemen.
@@MakroTeh Both are correct. There is no denial of Western/Japan damage on China....and also there is no denial of China using these facts as propaganda for internal purposes. North Korea does the same.....we did bomb and killed millions, to a point where our Air Force had nothing else to bomb. So the Kims use that horror to propagandize and control the population.
@@Dangic23 It's also true that the Western powers didn't inflict any major damage on China. It has been a shock to the common Chinese, that they were backward, but that's all. The seeds of Chinese awakening came from coastal cities controlled by Western powers and Chinese students taught in western style in said cities, where they could see with their own eyes the contrast between an ancient agrarian society and modern metropolis.
I grew up 50 min away from central Rome, technically in a different municipality, although to anyone non Italian i say im a Roman. Great video by the way :)
It is not ,only knowing the name and the vague story makes no difference to not konwing at all ,despite most chinese konw who napoleon is ,It's still hard for them to truely understand western ideology and society sturcture,(the same is vice versa) only a few young people who went abord to study or konw western language very well can understand how western society work and truely understand western ideology .there are lots of chinese people who can understand western world ,of course ,but as for the whole chinese population , the percentage is not large .
@@kellyma2992 Percentage does not matter in this case. for a very much centralised country, only the people who call the shots matter. And as far as I'm concerned, these individuals are extremely bright.
@@kellyma2992 it is generally the case that Chinese people know far more about western countries than western people know about China. Put it this way, every child in China is taught English from an early age, and tens of millions of people there can speak it fluently. By contrast, if you exclude overseas Chinese, the number of people living in western countries who can fluently speak and read Chinese is probably in the tens of thousands.
@@jasonquigley2633 That's mostly because Chinese isn't all that useful outside of China. Even when you do encounter it abroad, it'll be written in the "old" script unless it's a PRC-sponsored facility, and too often they're talking in a different unintelligible dialect like Cantonese, Hokkien, or Teochew. Despite all the BRI builds and liberal deployments of Mandarin teachers, for global experiences it's still more profitable for an English speaker to learn French, Spanish, Russian, or Arabic. Even Japanese and Korean might make more useful lingua franca due to their popular culture influence worldwide.
@@doujinflip you can make the same argument for every one of the languages you noted (French is not useful outside France, and some rather poor parts of sub saharan Africa, Russia isn't useful outside of the former USSR etc.) however Chinese has a few benefits you are not noticing: A) outside of China, Chinese is spoken throughout south East Asia, and there are Chinese enclaves in almost every major city worldwide. B) you do not need to be able to read Chinese to benefit from speaking it. C) most Chinese have a generally poor level of English, whereas a lot of people who speak French or Spanish also speak English (and even if they don't, the languages are close enough to English that you can work something out) D) Chinese people are easily impressed by foreigners speaking Chinese, you instantly make a favourable impression if you can speak even basic Chinese, and they will treat you quite well. Speakers of French or Spanish are not impressed by foreigners speaking their language, and you get relatively little good will from being able to. E) Even if Chinese was only spoken in China, "only China" is a region larger than all of Europe, with a ~5th of the worlds humanity, with dozens of cities with populations over a million, and Mandarin Chinese can take you from one end of the country to the other with few issues. English is obviously the best language to learn, but for me as a native English speaker, who speaks Fluent French and beginners Chinese, I get much more use out of my limited Chinese. I don't meet French people all that often, and the French people I do meet all speak English. Meanwhile, I can use my Chinese every time I go to a Chinese restaurant and chat with the people who work there.
In Italy, and for what I know in much of Europe, it's normal to identify yourself with your city, region, or even south or north of the country. Like for example when I started going to university in Bologna when introducing myself I specified being Modenese(from Modena). It is different from saying that you identify yourself as Roman as in descendant of the ancient Romans, I can't really say if there are any people like that since I never met any, but they will identify themselves as Romans as in citizen of Rome. Same thing may go for regions even though normally you would hear people tell you directly the city rather than the region if the city is considered as a commonly known location(like Rome, Naples, Milan) or, if your city is lower on an administrative level than a provincial capital(which is the level lower than the regional one), you'd normally use the name of the provincial capital to indicate where you come from. So for example, if I was from Castelvetro, in Modena's province, and if I was not talking to someone from the same region or someone who I knew knows where Castelvetro is, I would tell them I am Modenese(if I am not overly proud of my origins), not Castelvetrian. TL;DN: In Italy it's common to identify yourself as Roman, Milanese, Napolitan, etc. but in the case of Rome it doesn't mean you think yourself as a descendant of ancient Romans.
Song Dynasty (960-1279) in my opinion was the peak. During this time movable type printing, sewing machines, paper money etc etc were invented and businesses were flourishing. Some early stage of factories emerged to keep up with increasing demand for products. Then came the Mongols. (Before them there were several other groups taking their turn to kick Song ferociously until gold ingots pop out) After 90 years of Mongolian rule the Ming, founded by rebelling peasants, did not continue Song's legacy and from there the seed of inevitable downfall has been sown.
The Tang Dynasty is the true peak. Most of Song’s legacies had their foundations laid out during the Tang Dynasty. This is also why many Chinese people (I mean the race not the nationality) including those in Hong Kong and overseas Chinese ppl like me who’s a Malaysian prefer to call ourselves Tang People ”唐人” That dynasty was truly spectacular. It lasted for such a long time with numerous inventions and also social improvements.
There were really only 2 peaks of ancient China. One during the Han dynasty and one during the Tang dynasty where China was #1 in the world economically, culturally and militarily. The song, while having the biggest economy in the world at that time and was a cultural powerhouse, was constantly being invaded and having to lose territory to nomadic people. The Ming was ended by a series of climate change catastrophies that causes widespread famine for years and then the army was decimated by an outbreak of bubonic and pneumonic plague. There was no way to change fate there.
@@8dolfonrunescape Qing Dynasty was also a Golden Age because current day Tibet, Xinjiang, Mongolia and parts of modern day Eastern Russia were apart of the Chinese kingdom. The Qing however fucked up Ming Dynasty could also be considered a Golden Age
Since the first comment got the TH-cam treatment; I will assuredly say; the comment section going to be *glorious* EE is -the- *our* channel afterall !!
I think for the next video in this series on China, it's important to point out how aside from its massive people, its incredibly long history is just as important a factor in its economic variance throughout. The country has a very tattered history thanks to so many regime change wars between dynasties, aside from foreign invasions, where regions ranged from autonomous regions to their own kingdoms, but overall has still managed to sew the pieces together to form a somewhat coherent timeline spanning millennia. It is not something that can easily be comparable to American or European histories, and no other country or nation-state in the world has perpetuated a history as tattered yet prolonged as China. For the record, I speak of the Cultural Revolution since 1911 not as a total revolution of the dynastic formula, but simply as a variation of it. To say that anything China before 1911 was the same would grossly underestimate what made it a superpower regularly and periodically in world history. Also, China historically tends to keep to itself for the most part, and only responds to outside influence when it suffers too much internally.
K- Subs Australia doesn’t keep up with great powers. Yes Australia is developed and rich, but no where close to having a huge economy like the US or China (which own the top), not even Japan or Germany. The Australian military is also tiny, and smaller than neighboring countries like Indonesia. But if you want to know why the country became successful it’s abundance of natural resources (mining) which can be sold next door to China.
@@luuchoo93 Still Impressive really. Countries like Canada and Australia still have quite high of a GDP considering they've population and size. They can't really have a huge military of course because of low population but even so standards of living are high.
@@Route-cy6cx is real estate calculated in gdp? Cuz if it is, the final sale price for property in Canada/Australia being bought by Chinese could inflate gdp by a lot
Can you do a video on the modern economy of Austria? I'm curious, from a research project it had a hybrid capitalist/socialists economy up until the fall of the Soviet Union. Curious to see how that evolved
We dont know who was Lao-Tse but Chinese people study Shakespeare and European History in their schools. Now why ask why they are so efficent and smart...
Good video but you get one thing wrong: most Chinese students definitely know who Napoleon is, the same way they'd recognize Louis 16 and Robespierre, all names included in the much dreaded "memorization required" list. Granted, things might get a bit murkier at Danton as far as the French Revolution go, but one should never underestimate the power of rote learning...
@@chrishall2594 if for any insane reason that it was discovered Jesus was ethnically Han Chinese, everyone would quit Christianity. The hate is that real and ridiculous
@tractor @tractor But china still has huge manpower to use Plus china is racing to machinize the factories before the effect of older population kicks in.
I can't speak to Rome specifically, but it is very common in Italy to consider oneself a citizen of one's city before anything else (e.g. someone from Florence considers themself "Florentine" before they consider themself "Italian").
Yeah, he's underestimating how all-pervasive western - especially English - media is. Chinese productions don't tend to go very far internationally, particularly because few people outside China can even understand them. But millions of Chinese already know English, and millions more are learning. So they can and do follow world news and history (unless it's something specifically blocked by their govt., and sometimes even then). Indeed the Chinese could likely do even better if they localized, translated and marketed their productions like the Japanese have managed with their anime industry.
one thing that I noted in chinese people that I met is that they have a different perspective about history, their line of thought is not about months or years, but decades and centuries, very odd and different from the western perspective. Also, a point about the fall of the Roman empire, just a correction, the line of reason that the romans had continued through the middle ages, the ROMAN Catholic Church didn't just throw everything away, in fact the basis for Catholic reason is greek/roman reason, I still find weird how people still have that wrong perspective about the middle ages
I think it's kinda represented in the politics as well- Long Term thinking is much more prevelent then Short Term gains. The opposite is true for The West
@Prince Fabulous Insecure? The US committed the worst atrocities in human history (native genocide, slavery, Vietnam & Iraq war, etc.), but that still doesn't prevent the average American from shamelessly taking pride in their history, does it now?
@@jojobabok9373 the Maoists did a lot, and I mean, I F*** LOT more atrocities than the US or UK or any other western nation, at least, AT LEAST, 60 million people died during Mao's regime
@Prince Fabulous No, it doesn't dwarf the American atrocities at all. And no, not every country has the blood of innocents smeared on them equally (not by a long shot). If you were to zoom out a bit, nobody beats the West in bloodbath (of others & themselves) in human history... & that too, with only a few centuries of asymmetry over the East. I thought your insecurity may be impacting your answer because of how you wrote off China as a "massive failure"... That's a highly biased statement.
@@VeryProPlayerYesSir1122 the world is going to have recission soon and thank god China is building economy stronger for the very reason to keep her country alive and pay off the debt. China is buying more gold and increasing the economy. She knows whats going to happen soon. Both china and russia knows.
Prithvi Raj I don’t think their poor.....but there are still A LOT Of poverty in China. More than most industrialized nations. They are working on it though
eh, well it's kinda a mixed bag. China does have a lot of wealth now, there's no denying that, however there's still quite a lot of poverty in the country side. They've got a long ways to go before catching up with the west.
Prithvi Raj China is a developing nation, where some regions are rich and some other are shockingly underdeveloped and lack access to basic human services, like hospitals, drinking water and schools. China still has an enormous number of people under poverty, and workers still endure terrible standards which they cannot protest because it’s still a dictatorship which censors disidents and puts you in jail.
I'm American and I lived in China for a few years. Other Americans can't understand when I tell them that our big cities would only be small/medium towns in China, and that China's infrastructure is a million times better than ours. It literally doesn't even fit into their brains. @Gorilder - they've caught up. We have poverty too, so simply having places that are poor does not mean they are still a developing nation. They are as developed as anyone. But even they still haven't gotten used to the idea.
Great video! By the way some of your comments about roman technology post roman empire are slightly incorrect. Not guna detail it all here but it's less lost tech and more fragmented society
Hi, this is a great channel and the question about what's a roman vs what's a han chinese really triggered my immagination so I can talk about this all day. Love this channel, love these videos, keep up the good work, I hope you make a video on Italy's "wasted economy soon" (I will take credit for the title). Also I hope my english is correct Technically only people living in Rome can call themselves Romans. (Sidenote: In Italy people have a tendency to identify first with their own city or region and then with the whole country) On a general level though, anybody can call himself a "Roman" in some way or form. The splintering of the Roman Empire created a situation in which everybody from Russia to Portugal, from Britain to Turkey took bits and pieces of Roman civilization, culture, science, religion. While China broke and then got back toghether several times, "Rome" as a whole didn't came back, because Europe got both bigger and more divided over time. Many countries and empires have tried the "bring back the roman empire/republic" thing, but it is usually an incomplete process (or just a propaganda thing) and it can be more or less a death sentence, ask Mussolini or Napoleon. I have to mention the fact that what we call "roman" now was usually a mix of persian, greek, european and middle eastern ancient traditions taken by the people of Rome, who then spread those ideas through their european/mediterranean expansion. To recap: anyone from a roman catholic in Chile to the mayor of Bologna, can call himself a "roman" in some way; and anyone from a lawyer in the USA to a civil engineer building an aqueduct in Egypt is studying or using "roman" knowledge. But, in any case, only a Roman citizen living in the Eternal City is a "true Roman". Li mortacci vostri, I hope this dissertation can be helpful, Have a nice life.
Tbf, so are a lot of countries in the world would look weak in comparison against china too. After china and the us, you'd be surprised on just how many indias can fit in the gap between china and japan as the 2nd and 3rd largest economies in the world.
Yeah, it’s just maybe US students having a narrower worldview that limits their knowledge in the western world (I’m not familiar with this topic so don’t take my word for it)
@@starman1158 it’s true. US students are even ridiculed for being overly ignorant about the world here in Canada. (Even though Canadian students are not doing well on that either...)
Awesome video man!! Very interesting and informative. And BTW If you are living in Sydney, you are a Sydneysider. But I am guessing you already know that, don’t you ?? 😁🙂
@@correctionguy7632 dont forget violence. I was in pavella brazil for a trip, i heard a gun shot noise then someone told me its a gang related turf war.
The Chinese are referred to as 'Han' partly because the Han Dynasty established the standard for other Imperial Dynasties that followed. The Shang and Zhou dynasties are more a collection of feudal lands similar to the situation in Europe prior to the Roman Empire. The Qin united the lands and established centralized Imperial power but was short-lived. The Han dynasty inherited a standardized currency and carriage laneways, but the Han dynasty instituted the relationship between the nobilities and the peasants while establishing academies to enable peasants to become government officials. The peak of the Han Dynasty under Wudi also preceded the Roman Empire by about 100 years, but because the Han dynasty rites, language, standards and bureaucracy was inherited by successive dynasties, the people in China are referred to as Han Chinese. However, the Tang dynasty that came about 500 years after the Han was considered the golden age of China, so some Chinese also consider themselves as People of the Tang (Tang Ren), which is why Chinatowns outside China are referred to as Tang Ren Jie (Streets of the Tang People).
Fun fact: China invented fireworks as a weapon. Fireworks for entertainment were invented by the Italians. (This was before Italian unification however)
Not even that far away, the baby boomer generation came in the 50s and 60s, and they are in their 60s right now. It'll be a huge problem in 10 years. And that graph you pointed at is for his audience, not the Chinese age distribution.
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hey, can u make a video about israel?
Economics Explained. Higher GDP nominal = geopolitics, higher potential to international power projection. Higher GDP nominal per capita = increased ability to import what the country does not have of raw materials or finished products, very high prosperity, but nothing about distribution.
GDP ppp per capita = how much can you as a tourist buy of local goods in the supermarket for 100 $, what does it cost to go to a restaurant that uses local goods. GDP ppp = is it a big or small country.
GDP nominal per capita is good for comparing rich country with rich countries. GDP PPP per capita is not good, as there is a big difference in redistribution in rich countries, so a country like Denmark has very low in PPP, because the prices of the goods in the shops are high, the same with the cars, petrol, and the tax is high, but the many taxes are then redistributed in the form of free services like health care and discounts from the public, SU up to $ 2000 per month in support during the free education, and cash payments to families and singles with children, and the PPP model does not take this into account.
China nr 1. GDP PPP Economy of 19th century, but in the mid-19th century China was overwhelmingly defeated by Britain and France, only with a few ships and the equivalent of a total of one division of soldiers, the Xianfeng Emperor fled the capital, and was forced to sign a treaty as humiliating as the Treaty of Versailles.
Would like to correct you on one bit - the Chinese did in fact experiment with gunpowder's military uses when it was discovered, and iirc the earliest surviving record of gunpowder being used for firecrackers is roughly contemporaneous with the widespread adoption of the fire-lance, which was a century (or up to two) after various formulations of less-explosive gunpowder were adopted for firebombs and fire-arrows. Guns and cannons also found their first use in China, given archeological evidence of depictions of cannon in the 12th century and surviving textual records dating to the 13th century, with the earliest confidently dated find in the late 13th century (the Xanadu gun).
Gunpowder came to Chinese society during the Song dynasty, a period that saw an uneasy balance of three states throughout, ending with the conquest of the entirety of China by the Mongols, an effort that took more than half a century. The Mongol peace that followed was short-lived, with the Mongols Yuan disintegrating within a century, and more warfare (both between Mongol-led forces and Chinese, as well as between Chinese rivals) would continue for decades, until the Ming had consolidated itself fully. Gunpowder found plenty of military use during this time.
(This is not to mention other non-Europeans e.g. the Arabs who would readily adopt gunpowder for military use after its introduction by the Mongols.)
Europeans did eclipse the Chinese in gunsmithing at some point in the mid-late Ming dynasty (generally speaking), however.
Not sure if anyone has pointed this out already, but at the 9 minute mark you accidentally wrote "China looses" instead of "China loses". Loving your content so far!
In 2013 China surpassed America in English speaking people. In 2011 as the number 1 manufacturing nation in 2021 the wealthiest.
*The rise and fall and rise and fall and rise and fall and rise and fall and rise and fall and rice of china*
True lol 😂
and fall???
You mean like this?
th-cam.com/video/ME_tV4849NQ/w-d-xo.html
@@halo2600 and rise again
@@ThiagoSilveira1 what about India?
Everyime you said "30 years ago" i think 1970. I'm 20.
Oh buddy I got news for you
This comment made me laugh so hard at 2am
Me too dude - and I'm 30 🤣 - my reference point should be much clearer!
Yeh same whenever people say 30 years agonising keep on thinking 70s even tho I'm 22 so basically the 90s which feel like yesterday to me
Me too.
The only difference is that i was born in 2003.
Many European wars and the driver for exploration was them just trying to get better trade routes to China.
and Europeans didn't bring opium into China. Chinese people did that, and the market for selling opium to the Chinese existed before The White Man arrived.
There has never been a driver of exploration. Sure columbus might have wanted to explore, but he wouldn't have gotten the funding if it weren't for the economic incentives.
There are only two drivers in mayor leaps, war, and money.
@@Tezzeen Colimbus literally set out with the goal of sailing into Asia, and he thought that was possible with supplies because he got his numbers wrong when calculating the size of the Earth
More like India. But yeah
@@freddy4603 I've always felt that there was something "they" are not telling us about Columbus. I think he knew he wasn't going to India. Europeans knew the circumference of the Earth fairly accurately, since at least the time when Eratosthenes calculated it, and the Vikings didn't have some giant conspiracy to keep their exploration of North America a secret. And yet they still teach us in our schools that Europeans thought the Earth was flat, and didn't even believe it was round until Magellan proved it. It's just blatantly wrong. Like they want to hide something...
Yes, a person from Rome is a Roman, but local custom says you are only truly Roman if your family has been here for at least 7 generations
if someone was born outside the city , but was raised and lived in Rome all his life, he is as roman as he can be without getting into some genetic purity shit.
how is the generations counted? is it your fathers fathers fathers fathers fathers fathers father?
Fromagorat i wonder why so many different nations have something related to the term “7 generations”. Greeks, Italians, Persians, Arabs, Russians, nations of the Caucasus and Central Asia.
Mário Ferreira
It takes 3 generations to integrate to a new society. To say 7 is fine to say tbh.
If people don’t integrate in 3 generations, then it’s best to live somewhere else. Unless causing instability is fine by you
Laughs illegal Nigerian migrant
In regard to your “Roman” question yes, people in Rome do call themselves Romans.
It might sound strange for someone from the “New World”, so to speak, but in Europe and Italy in particular that’s the norm. In large part that’s due to the deep rooted history and particularism that exists since Medieval times.
It’s not even limited to big cities, the town you come from, however small, is an integral part of your identity. And sometimes even the neighborhood!
I was seriously wondering about that when I was reading the book of Romans in the Bible. Was like “wait do people still call themselves that these days?”
Pretty neat!
I am stockholmer first and swede second
Isnt that just an Italian thing due to your recent past of the Northen half being split into a bunch of city-states ?
Italy has been historically divided into smaller nations for a lot of time, so every region and every city has developed its own culture and distinct dialect (which are actually different languages, but they're becoming normal dialects as italian has become more and more common in the last century), so people identify with their region and even their city, romans call themselfs romans, I think.
EDIT: I should have said that this division is for the most part not much more than an inside joke, like we joke about our differences and so on but we identify as italians at the end of the day, still it's not uncommon to hear someone say they are from a certain city, like in this case saying "I'm roman"
quak quak i live in Rome, we call ourselves romans,not Italians
this is not as deep as many thinks. We all identify as italian (except for south tyrol ofc), but we like to argue with our local regions, cities etc. mostly for fun. Maybe just a few elders apply some form of discrimination againts others italians, but they are not many.
Aren't Italian conflicts mainly about north versus south? If the residents of each of the major cities are also identifying firstly by region, then that sounds like a rather worrying level of failure of the integration effort.
When I called a few Italians Romans they kind of were hesitant to agree, they wanted to be called Italian not Roman because the Roman empire has negative stuff attached to it.
A strategy called Gladio was used by the US and allies to compartmentalize Italy. That's why this regionalization is stronger in modern days.
China has been a superpower in most of ancient times, eg, just their palaces are many times larger than any palaces anywhere in the world not to mention their armies.
What palace ?
@@omarzerk456 the place where the king stayed. The Forbidden City.
那是18世纪以前。
Forbidden city was constructed by Vietnamese workers in Ming dynasty.
jacky tang the evidence ?
"Roman" is often used as an ethnic term and yeah people from Rome or even outside of Rome may call themselves Roman (not to be confused with Romani).
my name is Roman, and I'm also from Romania, but I'm not Romani.
@@fonfon575 Rome is Italian, Romania is Dacian, Romani is a subgroup of gypsies, nomad thiefs and burglars etc.
@@fonfon575 No, that's a nationality
@@CRoman-zt1lr The world sure is a confusing place
Romani ite domum!
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no mention of the opium wars
this really is an over simplifications of why china lost its dominance
I love your channel keep it up!!
video swagg sborr thanks bro
I like how your mis stated PPP. You should've explained that it's not just poor countries but also countries that keep their currency exchange rates low versus the dollar like Japan. During Abe's version of QE their GDP took a due to Japan artificially keeping the value of the yen down. You literally say the reported income and profit reports of Japan's largest corporations in USD dropping drastically from one quarter to the next due to the change in the yen's value.
A bit of an off question but do you have more information regarding comparative wars within china VS within the western world, and how far back that information spans? I'm curious about way back in the 3 kingdoms era when china kept breaking apart due to total incompetence. :x
One of your statement is wrong, I can tell you every single Chinese citizen who have been to middle school knows who is Napoleon. The Chinese learnt the most famous foreign figures in their world history. The Chinese know much more about the West than the opposite.
He also conveniently omitted the Opium wars. Just saying that China was unstable.
Tenshi, that was just an example lol
@Singapore Captialist - What he’s saying is that in the 20th century China had lots of civil wars from 1912. The opium wars didn’t make China unstable
Not to dismiss the education, but I personally know many people with higher education don’t know Napoleon. I think China’s world history education still have a lot of room for improvements
Why should the West learn something about a power which builds concentration camps for its citizens and kills more people every year, than the rest of the world combined. Chinese people would sell their souls for a little bit of money, that’s called communism...
Just to correct one line in the video: "most Chinese students wouldn't even know who Napoleon was". Almost every Chinese student knows who Napoleon was from their history textbook.
i don't know who Napoleon is.i only know拿破崙
Do chinese students know what happened outside tiananmen square on 4th June 1989 though?
@@mark12345680 not sure. One thing is for sure, what you were told from media is definitely not the truth.
@@mark12345680 yes we are very aware of what happened there.
@@Clarity520 So what
In Italy people do call themselves by the city and region they are from, especially since all the regions essentially speak different languages. For example, I am a neapolitan
like neapplotican icee creamm? 😍😍
imma eat you mr ice cream
@@RCXDerp please don't eat me out, I'm not ready yet
@@Myname-cb9ru Jheez fam... that took a hard left turn
but are you okay we call you italian?
Glad you are making this series. We should understand China better.
We *MUST* actually.
If you want to understand China better, these are not the good medium to do so bro...
gwidiwichcapitalist rippingoffpeasants The best medium is sensibility when looking at news and social media. I view CCTV/CGTN in the same regard as I view western media such FOX and CNN, (or Australian media for myself) all are valuable insights but none of which you should take solely as a matter of fact. IMO, you are just as wrong if you take Western media for Chinese understanding as if you Chinese media for Western understanding, same applies for Chinese understanding as well.
@@dariuschong4574 If you cannot see the overlap of politics and taught history, you are already lost.
The best way to understand a country is to learn the language,
to understand China thoroughly, you need to learn Chinese characters.Until you can understand the Dream of Red Mansions.
WOW. what a fair and unbiased summary of the economic history of China
Another well made video. Keep them coming.
It would be cool if you sometimes do longer videos like the one on the horse race betting.
Cheers
I would like to do that on occasion but I find that most people prefer shorter videos between to sort of 10 - 15 minute range. Blame it on our poor attention spans these days I guess haha
@@EconomicsExplained true, your video lenght make perfect introductory videos, that gives a good idea of the situation.
But some occasional deeper analysis would be welcomed by most I think, why not make a youtube survey ?
I cite: "There were decades in Chinese history when the rate of recorded peasant uprisings was roughly 1.8 per hour (!). What’s more, such uprisings were frequently successful. Most of the most famous Chinese dynasties that were not the product of barbarian invasion (the Yuan or Qing) were originally peasant insurrections (the Han, Tang, Sung, and Ming). In no other part of the world do we see anything like this. As a result, Chinese statecraft ultimately came down to funneling enough resources to the cities to feed the urban population and keep the nomads at bay, without causing a notoriously contumacious rural population to rise up in arms. The official Confucian ideology of patriarchal authority, equal opportunity, promotion of agriculture, light taxes, and careful government control of merchants seemed expressly designed to appeal to the interests and sensibilities of a (potentially rebellious) rural patriarch." From Graeber his book Debt. In the notes: "According to Parsons, during the period 1629-44, there were as many as 234,185 insurrections in China, averaging 43 events per day, or 1.8 outbreaks per hour” (Deng 1999:220)"
1629-44 seems to be one of the most screwed up and fiercely talked about eras in imperial Chinese history, but I'm a bit surprised at the number 234185. Who is Parsons and what book is Deng referring to?
One reason why the government knows that the well being of the people is their mandate from heaven to govern; a revolt from the people is what the government fears.
@@PM_ME_MESSIAEN_PICS Deng is referring to "The Premodern Chinese Economy: Structural Equilibrium and Capitalist Sterility" 1999 and Parsons is referring to "The peasant rebellions of the late Ming dynasty" 1970. This is what Deng has to say about it: "Popular armed rebellions were probably the most striking characteristic of
premodern China in comparison with its counterparts. As a phenomenon in
premodern China, they have received some scholarly attention. But few
know exactly what occurred, owing to the lack of data. To begin with, no
one knows just how many rebellions have taken place in Chinese history.
From the official record there were several thousand incidents within just
three years from AD 613 to 615, probably one thousand events a year (Wei
Z. AD 656: ch. ‘Report of the Imperial Historians’). According to Parsons,
during the period 1629-44, there were as many as 234,185 insurrections in
China, averaging 43 events per day, or 1.8 outbreaks per hour (Parsons
1970: 187). These figures are too great to be realistic unless the Chinese had
nothing else to do but rebel." I couldn't find a copy of Parsons' book this quickly so that'd be up to you.
This is a very good point - but you have to admit that the period between 1629 and 1644 is extremely atypical, given the Qing invasion from the north and the devastating wave of famine that swept through China. A fall in average temperature in China of 2 degrees celsius in the 1640s caused rice crop yields to fall by 30-50% and millions to starve to death. This desperation, combined with the Ming's preoccupation in the north that deprived the areas affected of aid or protection from bandits meant that rising up against the government was more necessary to peasants' survival than at any other point in Chinese history. Also, does Parsons define "insurrection" at all? In Parker's book "Global Crisis: War, Climate and Catastrophe in the 17th Century", he states that only a million peasants were involved in armed insurrection between 1610 and 1639. If he's right (and obviously this figure would have increased from 1639 to 1644), then that would mean that each "insurrection" would be comprised of 5 people, give or take a few
@@iloveyouhamburgers I'll get back to you soon since I can reserve the book in my local library.
One thing to note is that China was not always ruled by the Hans. For example, during the Yuan dynasty, China was ruled by Mongols, and during the most recent Qing dynasty, China was ruled by Manchus.
Anyone can be a han as long as you follow chinese customs
That's not true because Han blood is inherited.
@@Lweiwei not always true. To be honest no one had the idea of identifying racial purity or belonging to same ethnicity. Science back then was far different compared today. Back then chinese would mary anyone that looks like them like koreans, japanese, etc.
But your surname can give away whether you are a Han or not, at least your father's side
Sinicization, look it up, there's a very well made video about this topic in Kraut channel, it's an hour long documentary...
The smartest and most accurate video on the channel thus far, looking forward to the rest of this series 👍
Europe: Copies Ancient China's Technology and abuse them*
Modern China: *UNO reverse card*
Modern Europe: *:O*
Thank you very much for the excellent background music. Finally someone who knows how to apply his craft, and support the main theme. The music and volume were just perfect, fitted the story line all the way. Bloody good mate.
Congrats China
We are happy for U for ur astonishing growth
Hoping we will Join U soon
From a ur friendly neighbour India
how is youur friendship now
6:04 not to sound offensive. China currently has one of the best basic education in the world(as cramming knowledge into a child's brain. If we are talking about overall development or any other area than Northern European countries is the best) and I have experienced first hand. On that note, we know who Napoleon is and our history book cover as much if not more(more as in numbers/quotations/bibliography sense, so if you tell an average Chinese student to imagine how Napoleon would react to a situation as in the way he talks and react, depending on the nation and people you compare the Chinese students to, there is a chance that the Chinese students come of tied in such comparison) than the average Western society textbooks(Average as taking in to account most European nations excluding ex-soviet states, and taking into account Canada, America, France, Australia and New Zealand). A better example is that Asians are good at Math which is a stereotype often contributed by Asian countries having higher standards towards basic education(again higher standards in focusing on cramming knowledge into as short period of time as possible and depending on the institution-in a very competitive manner). The Chinese education system focuses on different things compared to the West and I'm not going to get into the pros and cons of either system just trying to point out a misconception. Also note that I am only pointing this out on a channel that in my opinion is very neutral with an informative content delivery which is rare nowadays especially on TH-cam(if anyone on the EE team is reading this-keep up the good work!).
Well as a fellow person from Sydney; we are Sydney-Siders
Italian here! Yes, people of Rome call themselves 'Romani', just as people from Bologna call themselves 'Bolognesi' and people from Venice call themselves 'Veneziani'. It's a simple way to say where you are from. Additionally, other Italians can easily identify from which city or area someone is from based on their accent.
In human history China was always been a superpower in economy and military.
Pretty sure when i started subscribing, this channel had around 60k subscribers. It's great to see it grow to where it is now in just a few months. keep it up
When will you make a video on the economic of Luxembourg?
Love your videos!
"Everybody in America is racist, and everybody in China is Chinese." -Dave Chapelle on the economic parity of modern superpowers
Well said. The main different between western society and the chinese is, the west they always talk about anti-racism on the outside but inside everyone is racist to some extend. For the Chinese, they don't really care about race at all, in fact they call people out for their race/skin color, but deep inside they don't care at all They call people out not because they are racist, only because they really don't care about your race/skin color.
@@tarotaro6933 That's what a lot of racists in the west also think about themselves. Which is just a lack of awareness about what forms racism can take
@@DavidSmith-nx3zw Bruh Fake news
@@tarotaro6933 nah, you have not seen it because there hasn't been a good enough reason for the millions of chinese nationalist to attack anything. Human nature is ultimately the same. I would not say the Germans were by nature more racists than anyone. I mean my dad is a nationalist just because he went oversea and it's pretty easy to blame everything on race, so there you go
@@DavidSmith-nx3zw I have met a lot of African origins in Guangzhou. Most of them are SME business partners of my friends. I have never seen any African was enslaved. Therefore please do some fact check before you open your mouth and bullshit on internet.
My girlfriend is from Roma, she calls herself roman. I think Italians are very proud of the areas they come from (as she tells me) so they often call themselves after the cities or places they come from. When we hear people speaking Italian the first thing she does is figure out where they’re from (and gets it right everytime). Very interesting culture, maybe worth visiting their economy
The song used at the start is called 手掌心 (丁当), "Heart of Palm" by Della
This was the comment I scrolled through for
Forgotten by history, Romanians still call themselves "Roman" - but this kind of proves the point, namely how utter and almost total was the fall of the Roman empire.
Adrian Farcas The most influential empire in the world. The military systems are copied to this day even by the Chinese. I don’t see Romans in Italy queueing up outside Chinese restaurants. I don’t see the world queueing up or aspiring to drive Chinese cars. But then again Adrian you mayWant to drive a great Wall. I’ll take a Ferrari or a Maserati. The Roman influences leave on
Actually, the Roman empire continued under what we now call Byzantium (they called themselves Roman, though). It continued to be a wealthy, advanced and powerful state for centuries. Millions of people (mostly Greek speakers) continued to call themselves Roman right up to the 19th century. Modern nationalism erased all that.
@@meean8799 Perhaps true - let's say that the pieces were put back together, in various other shapes. But the legacy of the fall (essentially the cultural division of the Mediterranean world) continues to the present day.
Me Ean I honestly don’t see the connection between ROMAN culture and modern day Italian cuisine and cars.
A lot of scientific and historical texts were lost in the Western half of the empire. The only reason we know about Ceasar and Cicero is because of Byzantine and Islamic scholars who kept the libraries in Constantinople and Baghdad. Otherwise, the whole classical tradition could've been lost for good.
I literally went from peasant in the Stone ages, to running water/indoor plumbing, black and white tv, and computers and my first computer cost 4K USD back in the day. All in about 40 years span.
THIS CHANNEL IS THE BEST!
wasn't it because of the constant warring that europe advanced significantly with technology? Cannons and gunpowder turn into "more favourable" trade agreements with china
i kind of believe it. Progress always happened to maintain upperhand. This seems true for all the cases: greek states, ancient china, and look at the pace of space achievements during cold war and now. Wars are bad thing but fears of losing war seem to motivate states.
It wasn't just European decentralization. In the 1400s China nearly completely gave up on its maritime technology. Up until that point, it was the most advanced maritime nation on the planet, with direct trade extending as far as Africa before the Portuguese figured out how to build ocean worthy boats.
China did not utilize glass - almost essential for scientific discovery.
If that were true, Balkans would be the most advanced region in the world. Technology advances with scientific discoveries and scientific discoveries happen as a result of research (sometimes accident). For research to take place you need a population that has time, knowledge, interest and financial means to pursue it. That happens almost exclusively in extremely wealthy regions of the planet:
Classical era - Greek city states
Middle ages - silk road, muslim world
Renaissance - Northern Italy, Low countries
Early modern era - Northern France, Low countries, Spain, Portugal
Victorian era - England, New England (in USA)
20th century - Most of Europe, especially Germany
After WW2 - USA, Western Europe (USSR stands out here as it was exceedingly innovative but not rich)
Last 2 decades or so: USA (Silicon valley), EU, Japan, S. Korea, CANZUK, China (Shenzhen)
I would argue technology develops almost exclusively in wealthy regions and that war doesnt have that much to do with it.
Sure RADAR helped, heat seeking missiles help, but you are not really going to invent fertilizer or crop rotation during the war.
@@foxy7558 well, maybe that was overall true but there were definately many profitable colonies that didnt require much investment. For example Carribbean, everyone profited there. Belgian Congo, British India, Dutch East Indies, French Louisiana are other examples.
There is one nation though that lost money in every single one of its colonies and went into colonialism solely for prestige that came with a colonial empire - Germany.
loving the channel
Thanks mate :)
nice intro and vid as always but before heading into the 20th century it might be worthwhile giving some grounding into the so called 'century of humiliation' in China (1839-1949) which featured a lot of pretty horrendous imperial and colonial influence and warfare from European powers toward China - including the two opium wars, wherein the UK, and later France declared war on China in response to China's attempt to stop their importation of opium into the country. This period of Chinese history lays the groundwork for an antagonistic relationship with European powers, and to my (very limited) knowledge was formative in many of the nationalistic and isolationist campaigns undertaken by the early Chinese communist party.
Our folks in the West love to skip these minor facts and pretend that China's great awakening came out of nowhere and for no reason at all.
Oh the horrors of free trade and rule of law! And how horribly had Japan suffered under Mathew Perry!
Sarcasm aside, that whole "century of humiliation" is a propaganda gimmick od the CCP, to explain weakness of historical China and pump the hate towards the outside world. If anything the real humiliation was the daily ordeal of common Chinese being ruled by their fellow nomad horsemen.
@@MakroTeh
Both are correct.
There is no denial of Western/Japan damage on China....and also there is no denial of China using these facts as propaganda for internal purposes.
North Korea does the same.....we did bomb and killed millions, to a point where our Air Force had nothing else to bomb.
So the Kims use that horror to propagandize and control the population.
@@Dangic23 It's also true that the Western powers didn't inflict any major damage on China. It has been a shock to the common Chinese, that they were backward, but that's all. The seeds of Chinese awakening came from coastal cities controlled by Western powers and Chinese students taught in western style in said cities, where they could see with their own eyes the contrast between an ancient agrarian society and modern metropolis.
@@MakroTeh
Valid points....but don't forget UK and the poppy wars.
That caused some damage.
Fantastic video! Really informative. Really looking forward to the next one. Cheers from Sydney
I grew up 50 min away from central Rome, technically in a different municipality, although to anyone non Italian i say im a Roman.
Great video by the way :)
I found your channel a day ago. This would be my 20th video watching and counting. Keep up the great work. If you have a blog, please share.
That Lost Century really set them back
This is by far the most entertaining economics channel on TH-cam.
6:04 “there isn’t anything necessarily WONG with that” you kill me😂😂😂
Scrolled too far down to get this. Cant believe it flew over so many viewers heads
4:04 My man you earned a lifelong sub.
In China if you don’t know who Napoleon was in middle school, you probably would not be able to graduate.
failed in history exam
We all know who napoleon is, hes the main character of napoleon dynamite duh
Sure, but once the test was done, you'd probably forget, just like everyone else
I'm from the UK, and when I was in middle school I didn't know that. Great that Chinese people study the world.
@@avinashtyagi2 You don't just casually forget a very well known historical figure like that. Dude was a legend.
Good stuff man! Love all your vids!
Most Chinese students know exactly who Napoleon is, and this is one of the advantages China has over the west.
It is not ,only knowing the name and the vague story makes no difference to not konwing at all ,despite most chinese konw who napoleon is ,It's still hard for them to truely understand western ideology and society sturcture,(the same is vice versa) only a few young people who went abord to study or konw western language very well can understand how western society work and truely understand western ideology .there are lots of chinese people who can understand western world ,of course ,but as for the whole chinese population , the percentage is not large .
@@kellyma2992 Percentage does not matter in this case. for a very much centralised country, only the people who call the shots matter. And as far as I'm concerned, these individuals are extremely bright.
@@kellyma2992 it is generally the case that Chinese people know far more about western countries than western people know about China.
Put it this way, every child in China is taught English from an early age, and tens of millions of people there can speak it fluently. By contrast, if you exclude overseas Chinese, the number of people living in western countries who can fluently speak and read Chinese is probably in the tens of thousands.
@@jasonquigley2633 That's mostly because Chinese isn't all that useful outside of China. Even when you do encounter it abroad, it'll be written in the "old" script unless it's a PRC-sponsored facility, and too often they're talking in a different unintelligible dialect like Cantonese, Hokkien, or Teochew.
Despite all the BRI builds and liberal deployments of Mandarin teachers, for global experiences it's still more profitable for an English speaker to learn French, Spanish, Russian, or Arabic. Even Japanese and Korean might make more useful lingua franca due to their popular culture influence worldwide.
@@doujinflip you can make the same argument for every one of the languages you noted (French is not useful outside France, and some rather poor parts of sub saharan Africa, Russia isn't useful outside of the former USSR etc.) however Chinese has a few benefits you are not noticing:
A) outside of China, Chinese is spoken throughout south East Asia, and there are Chinese enclaves in almost every major city worldwide.
B) you do not need to be able to read Chinese to benefit from speaking it.
C) most Chinese have a generally poor level of English, whereas a lot of people who speak French or Spanish also speak English (and even if they don't, the languages are close enough to English that you can work something out)
D) Chinese people are easily impressed by foreigners speaking Chinese, you instantly make a favourable impression if you can speak even basic Chinese, and they will treat you quite well. Speakers of French or Spanish are not impressed by foreigners speaking their language, and you get relatively little good will from being able to.
E) Even if Chinese was only spoken in China, "only China" is a region larger than all of Europe, with a ~5th of the worlds humanity, with dozens of cities with populations over a million, and Mandarin Chinese can take you from one end of the country to the other with few issues.
English is obviously the best language to learn, but for me as a native English speaker, who speaks Fluent French and beginners Chinese, I get much more use out of my limited Chinese. I don't meet French people all that often, and the French people I do meet all speak English. Meanwhile, I can use my Chinese every time I go to a Chinese restaurant and chat with the people who work there.
In Italy, and for what I know in much of Europe, it's normal to identify yourself with your city, region, or even south or north of the country. Like for example when I started going to university in Bologna when introducing myself I specified being Modenese(from Modena). It is different from saying that you identify yourself as Roman as in descendant of the ancient Romans, I can't really say if there are any people like that since I never met any, but they will identify themselves as Romans as in citizen of Rome. Same thing may go for regions even though normally you would hear people tell you directly the city rather than the region if the city is considered as a commonly known location(like Rome, Naples, Milan) or, if your city is lower on an administrative level than a provincial capital(which is the level lower than the regional one), you'd normally use the name of the provincial capital to indicate where you come from. So for example, if I was from Castelvetro, in Modena's province, and if I was not talking to someone from the same region or someone who I knew knows where Castelvetro is, I would tell them I am Modenese(if I am not overly proud of my origins), not Castelvetrian.
TL;DN: In Italy it's common to identify yourself as Roman, Milanese, Napolitan, etc. but in the case of Rome it doesn't mean you think yourself as a descendant of ancient Romans.
Song Dynasty (960-1279) in my opinion was the peak. During this time movable type printing, sewing machines, paper money etc etc were invented and businesses were flourishing. Some early stage of factories emerged to keep up with increasing demand for products. Then came the Mongols. (Before them there were several other groups taking their turn to kick Song ferociously until gold ingots pop out)
After 90 years of Mongolian rule the Ming, founded by rebelling peasants, did not continue Song's legacy and from there the seed of inevitable downfall has been sown.
No Tang Dynasty was the peak Golden Age, China had about 4 Golden Ages, but the Tang Dynasty was the greatest
The Tang Dynasty is the true peak. Most of Song’s legacies had their foundations laid out during the Tang Dynasty. This is also why many Chinese people (I mean the race not the nationality) including those in Hong Kong and overseas Chinese ppl like me who’s a Malaysian prefer to call ourselves Tang People ”唐人”
That dynasty was truly spectacular. It lasted for such a long time with numerous inventions and also social improvements.
There were really only 2 peaks of ancient China. One during the Han dynasty and one during the Tang dynasty where China was #1 in the world economically, culturally and militarily. The song, while having the biggest economy in the world at that time and was a cultural powerhouse, was constantly being invaded and having to lose territory to nomadic people. The Ming was ended by a series of climate change catastrophies that causes widespread famine for years and then the army was decimated by an outbreak of bubonic and pneumonic plague. There was no way to change fate there.
@@8dolfonrunescape Qing Dynasty was also a Golden Age because current day Tibet, Xinjiang, Mongolia and parts of modern day Eastern Russia were apart of the Chinese kingdom. The Qing however fucked up
Ming Dynasty could also be considered a Golden Age
To clarify, I'm talking about economy, culture, innovations and civil lives - military strength and territories controlled were not considered.
Loving the into sound. But netflix and TED have the really interesting ones.
Since the first comment got the TH-cam treatment; I will assuredly say; the comment section going to be *glorious*
EE is -the- *our* channel afterall !!
great content!
I think for the next video in this series on China, it's important to point out how aside from its massive people, its incredibly long history is just as important a factor in its economic variance throughout. The country has a very tattered history thanks to so many regime change wars between dynasties, aside from foreign invasions, where regions ranged from autonomous regions to their own kingdoms, but overall has still managed to sew the pieces together to form a somewhat coherent timeline spanning millennia. It is not something that can easily be comparable to American or European histories, and no other country or nation-state in the world has perpetuated a history as tattered yet prolonged as China.
For the record, I speak of the Cultural Revolution since 1911 not as a total revolution of the dynastic formula, but simply as a variation of it. To say that anything China before 1911 was the same would grossly underestimate what made it a superpower regularly and periodically in world history. Also, China historically tends to keep to itself for the most part, and only responds to outside influence when it suffers too much internally.
loving the background music And loving the content i felt i was watching a history lesson half way thru xd :p
Do Australia after China please. Really want to know how tf a country with relatively low population keeps up with the other great powers
K- Subs Australia doesn’t keep up with great powers. Yes Australia is developed and rich, but no where close to having a huge economy like the US or China (which own the top), not even Japan or Germany. The Australian military is also tiny, and smaller than neighboring countries like Indonesia. But if you want to know why the country became successful it’s abundance of natural resources (mining) which can be sold next door to China.
@@luuchoo93 Still Impressive really. Countries like Canada and Australia still have quite high of a GDP considering they've population and size. They can't really have a huge military of course because of low population but even so standards of living are high.
@@Route-cy6cx is real estate calculated in gdp? Cuz if it is, the final sale price for property in Canada/Australia being bought by Chinese could inflate gdp by a lot
Wendover productions made an awesome video on this. I suggest you check it out.
@@fusion9619 nope only construction prices are counted
You are awesome!
Can you do a video on the modern economy of Austria? I'm curious, from a research project it had a hybrid capitalist/socialists economy up until the fall of the Soviet Union. Curious to see how that evolved
We dont know who was Lao-Tse but Chinese people study Shakespeare and European History in their schools. Now why ask why they are so efficent and smart...
Good video but you get one thing wrong: most Chinese students definitely know who Napoleon is, the same way they'd recognize Louis 16 and Robespierre, all names included in the much dreaded "memorization required" list. Granted, things might get a bit murkier at Danton as far as the French Revolution go, but one should never underestimate the power of rote learning...
I’m from America but I have respect for China. The country has avoided conflict and has generally been very productive towards its citizens.
I am new to my hometown because we moved to sichuan 500 years ago and I am the 15th generation since the arrive.
Hey EE, thanks for that great channel! Maybe you could make video on economics of Germany?
9:38 *Opium has entered the chat*
Christianity probably hurt more
en.wikipedia.org/wiki/Taiping_Rebellion
More people dead than WW1
@@martydd3 "Christianity". Add chinese folk religions and calling yourself Jesus' brother is fundamentally opposed to everything Christians stand for.
@@chrishall2594 if for any insane reason that it was discovered Jesus was ethnically Han Chinese, everyone would quit Christianity. The hate is that real and ridiculous
@@cbcluckyii4042 you are definitely not christian, so stop making such assumptions.
Time to feed the west fentanyl, revenge is sweet
I do appreciate the calming background music :)
Big Manpower plus Great technology=Superpower
@tractor @tractor But china still has huge manpower to use
Plus china is racing to machinize the factories before the effect of older population kicks in.
I can't speak to Rome specifically, but it is very common in Italy to consider oneself a citizen of one's city before anything else (e.g. someone from Florence considers themself "Florentine" before they consider themself "Italian").
Brave of you to admit you're from the second best city in Australia.
This meme was made by the Melbourne gang.
hey mate pls keep doing this you are educating a lots of kid like me
I'm pretty sure most Chinese students know who Napoleon is...
As a Chinese I know who Napoleon is 谁没听过拿破仑,我小学时都听过
Noice
@@gabrielgan2971 😌
Yeah, he's underestimating how all-pervasive western - especially English - media is. Chinese productions don't tend to go very far internationally, particularly because few people outside China can even understand them. But millions of Chinese already know English, and millions more are learning. So they can and do follow world news and history (unless it's something specifically blocked by their govt., and sometimes even then). Indeed the Chinese could likely do even better if they localized, translated and marketed their productions like the Japanese have managed with their anime industry.
Great video. Thanks!!
one thing that I noted in chinese people that I met is that they have a different perspective about history, their line of thought is not about months or years, but decades and centuries, very odd and different from the western perspective. Also, a point about the fall of the Roman empire, just a correction, the line of reason that the romans had continued through the middle ages, the ROMAN Catholic Church didn't just throw everything away, in fact the basis for Catholic reason is greek/roman reason, I still find weird how people still have that wrong perspective about the middle ages
I think it's kinda represented in the politics as well- Long Term thinking is much more prevelent then Short Term gains. The opposite is true for The West
@Prince Fabulous having the 2nd largest economy isn't what people would call a failure.
@Prince Fabulous Insecure? The US committed the worst atrocities in human history (native genocide, slavery, Vietnam & Iraq war, etc.), but that still doesn't prevent the average American from shamelessly taking pride in their history, does it now?
@@jojobabok9373 the Maoists did a lot, and I mean, I F*** LOT more atrocities than the US or UK or any other western nation, at least, AT LEAST, 60 million people died during Mao's regime
@Prince Fabulous No, it doesn't dwarf the American atrocities at all. And no, not every country has the blood of innocents smeared on them equally (not by a long shot). If you were to zoom out a bit, nobody beats the West in bloodbath (of others & themselves) in human history... & that too, with only a few centuries of asymmetry over the East.
I thought your insecurity may be impacting your answer because of how you wrote off China as a "massive failure"... That's a highly biased statement.
Chinese : we will make fireworks with gunpowder.
Europe: we will make guns wit it
I would never have imagined that Winnie the Pooh one day would lead such a prosperous country!
Winnie the pooh still ruling the country. But the tiger has gone now, its sad T_T
@@sweetpotato3910 CCP is bad and evil.
@@VeryProPlayerYesSir1122 bad? Lol
@@VeryProPlayerYesSir1122 the world is going to have recission soon and thank god China is building economy stronger for the very reason to keep her country alive and pay off the debt. China is buying more gold and increasing the economy. She knows whats going to happen soon. Both china and russia knows.
@@ayingchanda Yes, they placed the people into poverty that they later "lifted them out of".
YES I CAN'T WAIT TO KEEP THIS SERIES GOING!!
It's funny people From USA still think China is poor. Lol much love to hard working Chinese from India. Crush it guys.
Actually, they want to *crush you* and take Arunachal Pradesh for themselves.
Prithvi Raj I don’t think their poor.....but there are still A LOT Of poverty in China. More than most industrialized nations. They are working on it though
eh, well it's kinda a mixed bag.
China does have a lot of wealth now, there's no denying that, however there's still quite a lot of poverty in the country side. They've got a long ways to go before catching up with the west.
Prithvi Raj China is a developing nation, where some regions are rich and some other are shockingly underdeveloped and lack access to basic human services, like hospitals, drinking water and schools. China still has an enormous number of people under poverty, and workers still endure terrible standards which they cannot protest because it’s still a dictatorship which censors disidents and puts you in jail.
I'm American and I lived in China for a few years. Other Americans can't understand when I tell them that our big cities would only be small/medium towns in China, and that China's infrastructure is a million times better than ours. It literally doesn't even fit into their brains.
@Gorilder - they've caught up. We have poverty too, so simply having places that are poor does not mean they are still a developing nation. They are as developed as anyone. But even they still haven't gotten used to the idea.
Great video! By the way some of your comments about roman technology post roman empire are slightly incorrect. Not guna detail it all here but it's less lost tech and more fragmented society
Laughed hard on “filthy casual” 🙋🏻♂️
Love the intro piano piece :)
PC master race
Great vid!
EE Drinking game - "Stability is the foundation of a Good Economy"
Hi, this is a great channel and the question about what's a roman vs what's a han chinese really triggered my immagination so I can talk about this all day. Love this channel, love these videos, keep up the good work, I hope you make a video on Italy's "wasted economy soon" (I will take credit for the title). Also I hope my english is correct
Technically only people living in Rome can call themselves Romans. (Sidenote: In Italy people have a tendency to identify first with their own city or region and then with the whole country)
On a general level though, anybody can call himself a "Roman" in some way or form. The splintering of the Roman Empire created a situation in which everybody from Russia to Portugal, from Britain to Turkey took bits and pieces of Roman civilization, culture, science, religion. While China broke and then got back toghether several times, "Rome" as a whole didn't came back, because Europe got both bigger and more divided over time. Many countries and empires have tried the "bring back the roman empire/republic" thing, but it is usually an incomplete process (or just a propaganda thing) and it can be more or less a death sentence, ask Mussolini or Napoleon.
I have to mention the fact that what we call "roman" now was usually a mix of persian, greek, european and middle eastern ancient traditions taken by the people of Rome, who then spread those ideas through their european/mediterranean expansion.
To recap: anyone from a roman catholic in Chile to the mayor of Bologna, can call himself a "roman" in some way; and anyone from a lawyer in the USA to a civil engineer building an aqueduct in Egypt is studying or using "roman" knowledge. But, in any case, only a Roman citizen living in the Eternal City is a "true Roman".
Li mortacci vostri, I hope this dissertation can be helpful, Have a nice life.
India gdp was higher than China’s in 1987. Today, India’s gdp is only 1/5 of China’s. 😂
Tbf, so are a lot of countries in the world would look weak in comparison against china too.
After china and the us, you'd be surprised on just how many indias can fit in the gap between china and japan as the 2nd and 3rd largest economies in the world.
AK 47 India is 5th in the world and it’s taking them a long time to get to second. It didn’t take China long.
Teringventje it’s tiny but it grew from like $0.30 to $10,000 in 30 years. Did USA do anything remotely close? 😂
China can thank their biggest customers, the U.S.A
Durandisse84 Durandisse thank you for declining so we can rise 😇
Looking forward to this series
6:12 中国学生怎么可能不知道拿破仑是谁
Yeah, it’s just maybe US students having a narrower worldview that limits their knowledge in the western world (I’m not familiar with this topic so don’t take my word for it)
@@starman1158 it’s true. US students are even ridiculed for being overly ignorant about the world here in Canada. (Even though Canadian students are not doing well on that either...)
Awesome video man!! Very interesting and informative. And BTW If you are living in Sydney, you are a Sydneysider. But I am guessing you already know that, don’t you ?? 😁🙂
There's enough on this planet for everyone. No competition or war is necessary. Just need to say no to greed.
oops say that to the Americans and colonizers
Great job as always. I wondered if you would ever make a video on the Turkish economy
Please, make a video about Brazil!
I will eventually make a video on every country on earth :)
@@EconomicsExplained I hope the China series would be followed by India series.
what is he supposed to say? brazil has a lot of resources and corruption?
@@correctionguy7632 dont forget violence. I was in pavella brazil for a trip, i heard a gun shot noise then someone told me its a gang related turf war.
Great video, very informative. Stability beats everything, this is what Mr Deng said 40 years ago.
4:05 PC masterrace represent!
The Chinese are referred to as 'Han' partly because the Han Dynasty established the standard for other Imperial Dynasties that followed. The Shang and Zhou dynasties are more a collection of feudal lands similar to the situation in Europe prior to the Roman Empire. The Qin united the lands and established centralized Imperial power but was short-lived. The Han dynasty inherited a standardized currency and carriage laneways, but the Han dynasty instituted the relationship between the nobilities and the peasants while establishing academies to enable peasants to become government officials. The peak of the Han Dynasty under Wudi also preceded the Roman Empire by about 100 years, but because the Han dynasty rites, language, standards and bureaucracy was inherited by successive dynasties, the people in China are referred to as Han Chinese. However, the Tang dynasty that came about 500 years after the Han was considered the golden age of China, so some Chinese also consider themselves as People of the Tang (Tang Ren), which is why Chinatowns outside China are referred to as Tang Ren Jie (Streets of the Tang People).
China was more peaceful becuase it was not devided most of the time. Everytime somebody conquired it.
Everytime somebody conquired it, they learn chinese culture and became part of Chinese.
@@greis6926 You mean like the borg from star trek? "Resistance is futile."
5:58 that music gave me some serious “rage your dream” vibes for some reason, can any initial d fans agree or am I just crazy?
Fun fact: China invented fireworks as a weapon. Fireworks for entertainment were invented by the Italians. (This was before Italian unification however)
Informative 🙏
Basically every Chinese student knows who Napoleon is...
对啊、谁不知道拿破仑
Morning boys, good video EE :)
0:18 There’s going to be so many old people in China 40-50 years from now...
Not even that far away, the baby boomer generation came in the 50s and 60s, and they are in their 60s right now. It'll be a huge problem in 10 years.
And that graph you pointed at is for his audience, not the Chinese age distribution.
It would be really interesting if you made a similar video series for Indian economy through out the ages.