Entrepreneurs... balance... relationships with local officials... national policy directives, and... regulations... - Keyu Jin

Only by fully grasping the new China model... can we... appreciate how different it is from pure capitalism or socialism.

Deng Xiaoping... once remarked that it does not matter whether a cat is black or white, so long as it catches mice. He... put an end to the... debate about the superiority of socialism and capitalism...

[R]ecalibration comes from two important things... First... is that internal challenges for both countries, China for sure on the economic... political... military... A lot of the focus is now inward. Chinese don't think about Americans all day long. ...Second, there's a huge unintended consequence of these technological restrictions... We've seen it in history... that whenever there are restrictions or... walls, it accelerates technological development. So what we have seen in China recently is a national mobilization. Unlikely partners from the big techs, working together. Universities, industries, governments, all trying to tackle the hard and impossible... [T]hat's... accelerated some of the endeavors to leap frog... [W]e're going to see much more of that, because of these restrictions, not despite them.