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This is CBSI and the world. I'm John Batchel. The Chinese Miracle. The book is Wild Ride, a short history of the opening and closing of the Chinese economy. First, the opening part, there's been a international banking crisis,

and the way that the Beijing Chinese Communist Party responds to it, as Anne says, in their

tasseled loafers, is to host cash on the population.

And that creates opportunities. The opportunities, however,

look like the creation of a golem monster. This is Anne's vision, Anne's metaphor. It works.

But what we have is a change of opinion of the Chinese people, longer as Anne writes or do you want a home

and a car and access to cigarettes which at one point were understood to be keeping your lungs

healthy but you want to be rich you want to grab the brass ring was this going on all across

the country or just the coastal cities, the big cities

had? I think everybody had this idea that they could grab some of this cash that was

raining down on China. Everybody heard about the companies that were listing on international

markets and all of the private investment.

And so people wanted to, you know, people in the, in the countryside, moved to the cities.

...