The Defining Factor of Modern China

China has gone from being in control of one third of the world's wealth to then being so poor at the end of the culture revolution, that it was poorer than than north korea. And now it is in this, as we all know, and talk constantly, in this process of rapidly regaining this musculature. The result of that is both the strength and the weakness. That is the defining fact of it. It is also the source of its excesses. It's also the Source of its paranoias. All those things flow out of the interestingly, almost paradoxically, they flow out ofThe experience of lossand it's eaven.