Bond horror builds towards the end of the West

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When I first visited China in 2002, I was struck by one thing in particular: how wrong the Western view was that we were going to liberalise it.

The scale of China had a ballast that made this impossible. The factories of the Yangtze River, the tearaway development model of Shanghai, and the sheer demographic weight of Beijing were all obviously the future of the global economy.

As I travelled, the question became for me: would we change China, or would China change us?

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About the author
David Llewellyn-Smith is Chief Strategist at the MB Fund and MB Super. David is the founding publisher and editor of MacroBusiness and was the founding publisher and global economy editor of The Diplomat, the Asia Pacific's leading geo-politics and economics portal. He is also a former gold trader and economic commentator at The Sydney Morning Herald, The Age, the ABC and Business Spectator. He is the co-author of The Great Crash of 2008 with Ross Garnaut and was the editor of the second Garnaut Climate Change Review.
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