[nl]

China: 3 major shifts in power since WW2 (Communist takeover, Cultural revolution, embracing capaitalism) and your summary is that their culture makes creative destruction difficult.

On the contrary, I'd argue that the evidence is that Chinese leadership has historically been able to embrace creative destruction better than most Western governments.

[seanmcdirmid]

In the earlier part of the Qing dynasty, China was the richest country in the world, not to mention it had this status for much of its history. It should be no surprise that China rises to that status again, temporary mishaps (later Qing to present) not withstanding.