Q: So, in a sense, is it a repetition of the Asia tiger story? South Korea opened up, Hong Kong opened up, Singapore opened up. A: No, the scale is so vast and different. The four tigers could be put into one province in China! It’s a huge scale and the consequences of that economy opening up will impact the whole world’s economy in 20, 30, 40 years. I mean, look, the euro is in trouble. Wen Jiabao visits Europe, Angela Merkel comes to Beijing to return the visit because Wen Jiabao has $3.2 trillion worth of reserves. That’s how the economic equation has changed. I do not see them frittering
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