China Stories
American purchases from China have helped make them an emerging power and the U.S. a debtor nation. In posts today, a look a both factors.
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The wooden treasure ships commanded by Admiral Cheng-ho, a Chinese Ming dynasty eunuch, were among the largest vessels ever built, nautical monsters that by some accounts carried nine masts.

Bigger by far than the ships of Christopher Columbus that set out decades later for the New World, they were the flagships of an armada that ventured as far as the east coast of Africa on seven naval expeditions. The first embarked in 1405 bearing some 30,000 men; the seventh in 1430.

Then the expeditions suddenly stopped. Cheng-ho's adventures had helped to ruin Ming finances. The emperors put a halt to sea trade and closed the shipbuilding industry; China looked inward for the next four centuries. The expeditions to the "Western Seas" were a glorious aberration.

Now, at the dawn of the 21st century, the world is looking to China to assume an unfamiliar role of global leadership. At a time when American prestige is fading, China's status is rising.  More here.

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