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The Daily

What the West Got Wrong About China, Part 2

The Daily

The New York Times

News, Daily News

4.3107.6K Ratings

🗓️ 5 December 2018

⏱️ 23 minutes

🧾️ Download transcript

Summary

When China first began experimenting with capitalism in the 1980s, the West was certain the experiment would fail. But two of its assumptions — that government controls stifle economic growth, and that the internet cannot be tamed — were quickly proven wrong. Nearly 40 years later, China rivals the United States as a global superpower. Its continued success is challenging not just the West’s assumptions about China, but the West’s assumptions about itself. Guest: Philip P. Pan, the Asia editor for The New York Times. For more information on today’s episode, visit nytimes.com/thedaily.

Transcript

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0:00.0

Oh.

0:04.6

My daughter is playing piano in the background.

0:07.0

I'm worried that it's going to get picked up, so...

0:09.6

Not ideal.

0:10.8

What's the idea for stuff?

0:12.8

Yeah, my wife will get her off the piano.

0:15.6

I know.

0:16.6

Okay.

0:27.2

From The New York Times, I'm Michael Barbaro.

0:29.2

This is the Daily.

0:33.2

Today.

0:34.2

When China first began experimenting with capitalism in the 1980s,

0:38.2

the West was certain it would fail.

0:41.2

But two of its assumptions were quickly proven wrong

0:45.2

that government controlled economy's stifled growth

0:48.2

and that the internet cannot be tamed.

0:51.2

40 years later, as China rivals the US as a global superpower,

0:56.2

its continued success is challenging not just our assumptions

1:01.2

about China, but our assumptions about ourselves.

1:05.2

It's Wednesday, December 5th.

1:16.2

Assumption number three.

1:18.2

The US would influence China, not the other way around.

...

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