The Strategic Complacency of China

I've been speaking a lot on this podcast about our economic complacency. And my concern is that we're regressing towards some dog days. We need to look to entrepreneurs willing to take risks, not property speculators trying to get rich for our future prosperity. I'd like to ask you, do you remember the moment when you first realized that China was going to be a big kid on the block? You started at the embassy in Beijing there in 1984. Frankly, all the taboos had been ripped away. The conservatives in the Chinese leadership in pushed into the corner. Throwing open the doors of the Chinese economy to the world outside will manage the politics on the way through