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Well, as you've said, we cannot expect the people of China not to want to progress, so if you have an opportunity to progress, to develop your economy to a world class economy, it's an aspiration that is natural and that, I welcome.

Some people think that as the Chinese economy becomes more and more capitalistic it will inevitably become more democratic.

China no longer has an ideology that makes any sense to them, but what they do have is great pride in the Chinese nation.

The Chinese economy has huge potential and flexibility.

If China stood on an equal basis with other nations, she could compete freely with them in the economic field and be able to hold her own without failure. But as soon as foreign nations use political power as a shield for their economic designs, then China is at a loss how to resist or to compete successfully with them.

Increasingly, the Chinese will own a lot more of the world because they will be converting their dollar reserves and U.S. government bonds into real assets.

A stronger yuan could lead to greater Chinese asset accumulation in the U.S. and elsewhere.

As the United States chains itself down with greater debt, China is building relationships across the globe to bolster its trade, its access to natural resources, and its energy consumption. In far too many cases, this means lost opportunities for America and our businesses.

China is more prosperous than before. The people have better lives but they are not happy and confident because the scars are still there.

It should strengthen investors' confidence. This is done through transparency, high quality financial reports, and a standardized economic market. This is not just for China, but also for the world market as a whole.