Yes, the whole world is amazed by China and how, over forty years, they've managed to build their economy so well that they've shown incredible GDP growth. There are also many rumors about China, saying they constantly act in their own interests, without making friends. And that's the right approach. Trump, for example, constantly claims that everyone, even the president, is his friend, but then criticizes him the next day. He's an astonishing figure, saying one thing and doing another.
Everyone who has taken an interest in the history of China’s economic development knows the answer
These include investments by Western companies, opening the market to Chinese goods, the supply of technology and equipment, staff training, and education at Western universities. Without this, China would have remained an agrarian developing country.
The US and its allies are not foolish enough to provide China with technology, equipment, and education without ulterior motives.
The West wants to take advantage of Asia's abundant supply of cheap labor to serve its capitalist interest. They want to move all factories and production lines to China and Asia to minimize environmental pollution in the country. In this way, they got cheap goods and kept the environment clean
Their mistake was underestimating the Chinese mindset and strategy. Instead of staying a hired hand for the West forever, China has quietly learned, copied, improved, and built its own industrial chain. Now, the West is paying the price for that miscalculation.
I do not really like China either, but I have to admit they are damn good.
Recall the “economic revolution” launched by Deng Xiaoping! He essentially “signed a deal” with the Western world and his own people, stipulating that the West would bring investment and technology to China, while China would begin mass-producing, at low cost, the goods needed by the Western market. At the same time, China developed its own industry by borrowing from this experience. It was precisely this event,and the mutual benefit it provided at the time,that led to the explosive growth of China’s economy. Some saved money and reduced production costs, while others gained a huge number of jobs and access to industrial technologies.
