Americans consistently underestimated China out of a sense of arrogance I think. Becoming factory of the world was never the end game. Just the mid stage. Xiaop

Americans consistently underestimated China out of a sense of arrogance I think. Becoming factory of the world was never the end game. Just the mid stage. Xiaoping was planning 50 years ahead. He wasn't thinking that China would always rely on low payed factory jobs. Take mobile phones as an example: Chinese brands were knockoffs a couple of years ago. Now they are innovating and setting standards.