Running Across the River

The video discusses the rapid societal changes in China and their global impact. It uses a metaphor of crossing a river by feeling for stones to describe China's reform era, highlighting the trial-and-error approach. The development process is characterized by its fast pace, with China influencing other countries, notably in Africa, by leveraging its economic power. The video also covers China's strategy to address excess production capacity by expanding into new markets, emphasizing the importance of economies of scale.

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