leadership Redden: China's 60th Anniversary Don't get all worked up by the headline, Sinophiles. We're talking about the 60th birthday of the founding of the People's Republic, which Mao Zedong declared on October 1, 1949. Here's a look at China then and now. By Anne C. Lee Update: Graph has been corrected to reflect China's 2008 GDP of $4.3 trillion, not $44.02 trillion. A version of this article appeared in the October 2009 issue of Fast Company magazine.