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The Logic of Sino-Western Détente — Jim O’Neill

Summary:
A contrarian view of China.It might be cathartic to opine noisily about another country’s standards and practices, but there is substantial historical evidence to suggest that a country’s citizens will tend to value economic opportunity over most other issues. That axiom applies as much to the US, the UK, and Europe as it does to China....China is kicking ass economically. Might it be foolish to keep poking a dragon (along with a bear and griffin (huma in Persian)?Project SyndicateThe Logic of Sino-Western DétenteJim O'NeillChina is a huge country and it has learned to deal with both opportunities and challenges of scale by using a systems approach.RT9 million in 5 days: China's Qingdao launches citywide Covid-19 testing campaign after new cases arrive from abroad

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A contrarian view of China.
It might be cathartic to opine noisily about another country’s standards and practices, but there is substantial historical evidence to suggest that a country’s citizens will tend to value economic opportunity over most other issues. That axiom applies as much to the US, the UK, and Europe as it does to China....
China is kicking ass economically. Might it be foolish to keep poking a dragon (along with a bear and griffin (huma in Persian)?

Project Syndicate
The Logic of Sino-Western Détente
Jim O'Neill

China is a huge country and it has learned to deal with both opportunities and challenges of scale by using a systems approach.

RT
9 million in 5 days: China's Qingdao launches citywide Covid-19 testing campaign after new cases arrive from abroad
Mike Norman
Mike Norman is an economist and veteran trader whose career has spanned over 30 years on Wall Street. He is a former member and trader on the CME, NYMEX, COMEX and NYFE and he managed money for one of the largest hedge funds and ran a prop trading desk for Credit Suisse.

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