The conversation explores the divergence of China and the West, particularly regarding globalization and societal values. Eric X. Li, Chairman of Chenwei Capital, argues that the West, especially the U.S., has become a "credo state" prioritizing extreme individualism over community and tradition, leading to internal revolts. He contrasts this with China's model of blending socialism with traditional values. Li suggests China's economic success stems from its revolution and subsequent institutional building, enabling it to chart its own course. The discussion touches on China's technological advancements, particularly in AI and biotech, and its potential role in re-globalizing with the Global South through affordable technology and infrastructure. Li advocates for partnerships between China and developing nations, emphasizing mutual benefits and shared destiny.
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