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I have often said China is not lacking in material resources. The question is whether we can make full and good use of them.

Contrary to what you might think, China's economy is relatively less efficient, and more polluting, than those of rich countries.

China has all the advantages in the world. But it doesn't have a history of free thinking, risk-taking pioneers - the kind of people the U.S. is built upon.

Chinese emissions are a problem not just for its own people but also for the world. It has now overtaken the U.S. as the biggest carbon emitter; most of the coal that is burned anywhere on Earth is burned in China.

Clearly, the Chinese need the resources, but I don't think they want to clash with the industrial world which happens to be the market for their goods.

If America is addicted to foreign money and foreign oil, then China is addicted to foreign supplies of just about every commodity known to man - save highly polluting coal.

This nation is notorious for its ability to make or fake anything cheaply. 'Made-in-China' goods now fill homes around the world. But our giant country has a small problem. We can't manufacture the happiness of our people.

China has always been very hospitable, but we can choose who enters our house. We could not allow any companies to enter China and make money while hurting the country.

Many rich people in China made their fortunes by damaging natural resources and building corrupt relations with the government.

Although China is not so wealthy and powerful as the West, her people of whatever condition - rich or poor, high or low - all enjoy a perfect freedom and a happy life. Not so all the inhabitants of Western lands.