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China's history is marked by thousands of years of world-changing innovations: from the compass and gunpowder to acupuncture and the printing press. No one should be surprised that China has re-emerged as an economic superpower.

China also has moved away from its original status of purely producing basic, what you call, consumer commodities and Chinese companies are moving beyond China to various parts of the world.

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.

When America stopped importing from China, China stopped importing from the rest of the world. This affects Asian countries as well as Australia, Brazil, and other suppliers of raw materials.

There's something about China and its rush to capitalism that I find confusing. At the same time, we live in an America where capitalists oppose any government interference with free markets, while in China you have a very controlled, state-planned market where economic growth is better than ours.

China is an area where we need to be present. Lots of companies want to supply their products to China.

I wanted to explore what all this new-found wealth means for the different generations of Chinese who have to live together in this place that is transforming at warp speed into the richest country on the planet.

China saves too much, produces too much, sells too much to Americans and consumes too little.

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 has to go along with world trends. That's democracy, liberty, individual freedom. China sooner or later has to go that way. It cannot go backward.