Re: Why has China been so successful?

Description: It all goes back to the policy decisions of the 1970s, Khanna says.

Transcript: China’s rise has been so successful not only because of the smart policy decisions that they took from 1970 onwards in terms of opening to the global economy, in the way in which they have directed resources towards production and export. But its also that global economy itself that has catapulted and butter raised china’s rise, because china is the globalize super power without globalization it wouldn’t be able to harness or achieve that kind of revenues that it has from the global market place. So china is poster child for global economic integration leading to greater national power. And that is the #1 reason why China is rising.

Recorded on: 3/3/08