The author provides evidence that China's ruling class knows how to play the game of capitalism better than the West whose main focus seems to be on constructing obscure financial instruments to suck wealth out of working people and the environment. In any case, capitalism is a no-win game for working people and the planet if it is allowed to continue much longer.
While a rebalancing of the Chinese economy towards domestic consumption is increasingly evident, the Chinese are also aggressively focusing investments toward emerging markets. By securing precious natural resources, developing infrastructure and deepening trade relations with the developing world, the Chinese are lessening their economic dependence on the mature markets of the US and EU.And they are starting to outsource production to cheaper labor countries in Asia!
