Of course China is growing faster than Europe. It’s easy to grow fast if you starve and impoverish your people, and then suddenly introduce a free market with imported technology, international trade and almost no environmental controls. That’s catch-up.
Good artists copy. Great artists steal. China is accelerating faster than all of us but will the Big Bang approach pay off? There’s something about Europe’s integration that’s more gradual, and natural, kind of like the 50 States.