And the Welcome back to Conversations. I'm Bill Crystal and I'm very pleased to have with me again

Peter Teal, innovator, entrepreneur, businessman, thinker on all many topics,

imaginative and unconventional thinker on politics, economics, society.

So thank you, Peter for taking on time.

Good to have you. We were just discussing before this that you're back pretty

recently from China. This is now May of 2016 and you had interesting things to say

about that so I thought would just begin such a huge issue in terms of

International Economy and the future of the world politically and economically what struck you in China?

Well it's it's a economically? What struck you in China?

Well, it's a combination of incredible determination,

you know, incredible hard work on the part of people.

I taught a mini course at Xinhua University, one of the elite universities in China.

So it was incredible interest.

Your book was a huge seller in China, right?

It sold slightly, it did very well throughout the world, the Zero to One book, but did probably sold more copies in China

than the rest of the world combined.

Is that right?

It's always an incredibly intense interest in technology, how to do new things.

And then at the same time, there is also this very palpable sense that the model that's worked

so well for the last 30, 35, 40 years of globalization, of growth through trade, extensive growth,

copying things, is reaching some kind of a natural limit.

And so I think there is a very challenging transition

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