We hear a lot of moaning and groaning about China, the USA and the trade deficit. But this story is not a simple one and goes deep. However, there is a reason for what has evolved from the early days of modern China to what she has become today. First, a little background is in order.
China’s variegated supremacy in the world is not an accident. There was a time, though, when China was not a first class, top-tier nation. She was struggling as many others have done around the world and some still do. To put it in perspective, India was also a struggling nation and still is, in many ways, primarily because of the mass of people that try to merely survive and because the government is hard put to make it happen, somewhat similar to China’s modern history and for the same reasons.