Resumen en español

In 1970 China’s economy exhibited levels of productivity, economic growth, inequality and poverty worse that Latin American economies including Colombia. Forty years later, some estimates suggest that in less than a decade China’s economic growth will surpass United State. Levels of productivity and competitiveness have increased dramatically and social indicators have improved substantially. This document provides an exploratory economic analysis of this phenomenon in three ways: social and cultural differences, differences in the theoretical concepts and some successful policies, analytically and compared with the Colombian economy.