Black Cat, White Cat THE CONVERGENCE OF CHINA
and the United States began when the two were worlds apart. There was nothing inevitable about what took place. It didn’t have to happen, yet it did.
At the end of the 1970s, few societies were more distinct and distant. China was a predominantly agricultural nation mired in poverty and cut off from the world after the excesses of the dictatorship of Chairman Mao. By the 1970s, trade accounted for only 5 percent of China’s gross domestic product, an astonishing low figure for a country of China’s size and scale. In fact, China in the waning...