James Fallows has moved to Shanghai as he did to Japan twenty years ago. His most interesting point is the impact that the tribe of returnee Chinese will have on the economy of China. I think that he might overrate them because they are the people he is most likely to meet and to speak with. They are fluent in English and not shy about dealing with Americans. He also overrates the dislike of the Japanese. Japan and China are major economic partners and Japanese companies are major employers.
The leadership has shown its skill in developing the economy while keeping dissent in check. To ask what is the Chinese dream is like asking what is the american dream. And the answers might not be that much different.
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