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> The west helped create modern china. It was our money, resources, expertise, technology and markets that helped create modern china. Why would we invest trill
by ardy42 8y ago
> The west helped create modern china. It was our money, resources, expertise, technology and markets that helped create modern china. Why would we invest trillions in a country expecting it to fail?
I think the expectation was that it's political system would fail, not the country itself, and a liberal democracy would emerge from that failure. Much of the investment was sanctioned by the (now disproven) idea that capitalism invariably brings democracy and liberalization with it.
- withhighprod 8y agoha?How could it not fail when its political system fails? China’s history is full of turnarounds and disasters from the political failures