Monday, July 9, 2012

Why is it so hard to understand China? 爲什麽這麼難明白國情

I am not going to repeat the obvious. The reason why it is so hard to understand China is because you have to constantly learn and unlearn. Learning something complicated is difficult enough - unlearning what you learned painstakingly is even more difficult. For example, most people learned at a heavy price that the RMB is a strong currency while in fact it has been depreciating for more than a month.

To learn and unlearn quickly is the key to survival in China. Guess who is best at doing that? The Chinese Communist Party which just celebrated its 91st birthday.



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