Answer:
China
That's notable given that as recently as 2012 the data showed that most countries surveyed chose China over the United States, Japan, and the EU as “the world's leading economic power.”
Explanation:
In the early 1970s, when President Richard Nixon visited China, it produced very few manufactured goods—a tiny fraction of the U.S. level. About 1980, China's manufacturing started to take off, surpassing the industrial powers one by one, overtaking the U.S. in 2010 to become the No. 1 industrial powerhouse.
But China did not become highly industrialized for two main reasons. First, the idea of commerce offended China's Confucian beliefs. Merchants, it was said, made their money “supporting foreigners and robbery.” Second, Chinese eco- nomic policies traditionally favored agriculture. Taxes on agriculture stayed low.
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