As Napoleon said, China will roar when it wakes up.
The
catalyst. US played the Chinese card against Russia by taking out the
embargo in Nixon's era. They should build a statute of Nixon and Deng
hugging and kissing each other with Nixon's filthy hand trying to get
into Deng's back pocket.
FDI came naturally after the embargo.
Then it was the hard working Chinese and then followed by Hong Kong with
knowledge to deal with the west, the know-hows and a lot of investment.
Then more investment came from Taiwan.
I have to give credit to
Uncle Deng. It was not possible to build the infrastructure
(electricity, roads, and sea ports...) in one or two years for the
entire China. But it was entirely possible to start with a small coastal
city in S. China, close to HK.
This simple concept has not been copied successfully by many countries including India
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