日志
印度贾扬特往返中国16年，揭露最真实的中国
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印度裔精英为中国辩解？”贾扬特往返中国16年，用亲身经历揭露最真实的中国
Demystifying China | Jayant Bhandari
Jayant Bhandari has written on political, economic and cultural issues for the Liberty magazine, the Mises Institute (USA), Mises Institute (Canada), Mises Institute (India), Casey Research, Acting Man, International Man, Mining Journal, Zero Hedge, Lew Rockwell, Fraser Institute, Le Québécois Libre, Mauldin Economics, Northern Miner, Mining Markets etc. He is a contributing editor of the Liberty magazine. He runs a yearly philosophy seminar in Vancouver, Capitalism & Morality. He is an MBA from Manchester Business School (UK) and B. Engineering from SGSITS (India). This speech was given at the Capitalism & Morality seminar in Vancouver, Canada, on Saturday, 23 August 2025.
第 1 章：Myths and realities of China
[music]
Um today I want to talk about demystifying China. Um I have been
visiting China for the last 16 years. Um often multiple times a year, sometimes for extended days. uh this year I have
spent more than half of so far of this year in China traveling to big cities, small cities, villages.
Um I have over this time come to see China not through ideology or media
narratives uh but through my own deep experiences interacting with companies, locals,
street vendors, bureaucrats. Um I have uh what I'm going to talk about is based on what I have seen, what I have
experienced and what I have heard. Um much of what people in the west believe
about China is just untrue.
It amazes me no end how persistently and deeply people across the political spectrum hold negative images of China.
I suspect Washington's propaganda and when I use Washington I mean the American government and when I use
Beijing I will mean Chinese government because they might not represent their people. I suspect Washington's
propaganda has seeped into the minds not only of leftists and hawks but even of thoughtful conservatives and
libertarians because they often repeat the same cliches.
Chinese as I have experienced are inwardlooking and focused not expansionists. They are not looking for
a war not the average citizen. They are not threatening. You want to have a fight with Chinese, he wants to find a way out of it.
I have found their society to be more curious than they get credit for. They are not as sensorous as many people
think they them to be. Um, contrary to popular perception, they are very
open-minded. At least the ones I have come across are very open-minded.
students, um, private company workers or even bureaucrats.
They are self-critical. Um, and they are reasonably truthful. Um, and when I say reasonably truthful, you have to
understand that twothird of the world's population has no clue what the word truth means. I did not know what the
word truth meant until I was in my early 20s, until the time I arrived in the UK. So Chinese are reasonably truthful.
Now yes, if I ask them about Tibet or Shinshan or if I want to want them to criticize, if I incite them to criticize
XJ Ping, they will probably avoid confrontation on that subject.
Now I um um I I I'm quoting statements of two people
in this audience uh and this is what in my view so no offense to everyone but I'm just talking highlighting the
influence of the media narrative. Uh a friend asked me if I have ever been worried about being arrested in China.
第 2 章：Daily life and governance
Another one um asked me if I have ever been followed in China. Um and I have been as I said to many parts of China. I
seriously doubt it. Um I have been followed in Myanmar. Military intelligence followed me. Um I was
arrested in Zimbabwe because I was taking taking some forbidden photographs. Um I have traveled with
insurgents in Laos. I have traveled by myself in just alone in the ungovernable parts of Congo. Uh I have been close to
100 countries. Uh I have traveled with the state operatives in North Korea. Um
I can usually tell when I'm followed. I don't think I have been followed in China.
Um uh just about uh a year or maybe two years back uh I decided um to walk
around a very controversial mosque in a small in a village in China. Uh we had stopped over and I decided I just wanted
to take a walk around it. I even went inside it.
Um an hour later uh a police car showed up um to look for this browncoled Arabic
looking guy um um and uh because they had failed to trace me to a a hotel. I was not registered in a hotel. I won't
tell you the details. Um so he came over and asked me for my passport. Um I declined to show it to
him. Um he uh we uh and um and I told him why should I I'm not
crossing the border. Uh I am within China and well within China that you have no reason to ask me for my
passport. This young officer understood my question and the implications that um
I was um the underlying issue with that question and he said that's perfectly fine. show me an ID because the Chinese
law requires you to have an ID all your time, all the time with you. Of course, I did not have a Chinese ID. He behaved
with me professionally and politely. Um, eventually after u some um uh
discussion, I showed him a PDF copy of my passport on my cell phone. Um he took
a photo of my passport, apologized and he he told me I should never have been asked for to show my passport and he moved on.
Now um ironically in the statist world we live in uh this in absolute term was
of course unpleasant. Um but it was no worse than um and perhaps even milder
than what I have experienced in many countries uh including in Canada or Germany. Uh I have been asked for
passport twice by uh plain dressed uh people who claimed to be policemen uh to show my ID cards in Germany.
So nothing special about China. You can in isolation uh nitpick on things to do with China and show it in bad light.
uh now in China and elsewhere in the far east uh people are very careful about publicly voicing their political
opinions. So this kind of seminar is probably not going to work out in China.
Um, I have however never in my uh 16 20 years of uh traveling in Far East Asia
ever heard of someone getting a knock um at 2:00 a.m. in the morning, hooded by the police and taken away to an unknown location.
Uh I have talked with people about what happens when someone crosses a political uh line. Uh usually what happens and
this has always been the case. Uh a call starts from the higher authority. It comes down distills down to the your
immediate supervisor and he will calmly explain to you what your limitations are. Uh not too different from what you
have in North America. Unfortunately, uh, if you express certain political views in North America on race, sex, Amy
Wax talked about it, you risk being cancelled. And indeed, I have been cancelled. I was cancelled from a
Frankfurtbased mining conference because I was deemed to be homophobic and sexist. Th those were not intelligent
enough to blame me for uh racism which is what they should have done actually had they thought things properly.
Um uh China has what I consider to be the most capitalistic economy in the world.
第 3 章：Economic efficiency and growth
Um despite the communist label, it's a label. Forget about it. Ignore it. Don't repeat uh it all the time. It operates
with astonishing efficiency. Transaction costs are minimal making goods and services not just cheaper but
increasingly of higher quality sometime meeting Japanese and German standards.
And I I think these days mostly meeting German and Japanese standards. It
boggles my mind no end that China is not a micro nation. It's not Monaco or
Singapore. It is a the biggest uh among the biggest countries on the planet. Um but it boggles my mind no end that
despite this um despite the fact that from your underwear to the high-tech equipment here most of things have been
manufactured in China. Many many people think China is a paper tiger and if at all they accept the growth story of
China they credit it to dictatorship. So they basically want to make their claim unfalsifiable if I use that scientific
term. They just don't want to accept that China is growing, progressing and improving irrespective of what evidence I show them.
Uh in much of the third world and I'm a very um in I'm I'm I'm a very um I don't like this purchasing power parity
concept in in economics. In much of the third world, yes, I can buy uh cheap food, but uh there's a difference
between cheap food made on a street corner and good food made in a highclass restaurant
kitchen in Switzerland. I don't like PPP measurements. Uh but when so when I go to a third world country and if I want a
western kind of lifestyle, I don't I don't pay less. I actually pay more because western lifestyle in a third
world country actually becomes more expensive not cheaper contrary to what purchasing power parity might tell you.
China is a rare exception. I love it.
Uh I can get western quality services or much better actually for a third or fifth of price that I would pay in a
western country. Uh it is not unusual uh for me to pay just $1.50 for
accommodation in a nice five-star hotel with two buffet breakfastes included.
This is not unusual in a tier three city in China. In fact, um last year I was
transiting through Guju and I had booked a nice hotel and I know it's hard to believe. I paid
$10 for my overnight accommodation, personal pickup, personal drop off to the airport and a buffet breakfast.
Um, so you can imagine that they are trying to make money from that $50 or $10. You can imagine the efficiency of
that country. Taxis cost you a fraction of what you would pay anywhere else in in in most cities. When I take taxis,
the cars are amazing. And I ask them often, how good are these cars? How have how long have you run them? And they
often say without a problem for the last two years.
And I pay a couple of dollars from going from one part of the city to another part. They are so cheap. Uh banks are
open during the weekends sometimes late in the night. I know I understand there are people working and they are not uh
they maybe don't want to go home. I'm talking about at least one side of the equation. Um Renbimi maintains a almost
a parity with US dollar. It's not fixed but it's close to a parity but the bank deposit rates are better in China.
Now in these 16 years I cannot think of many occasions when I was cheated. In fact, I can think of only once that I
was overcharged by a taxi when I tried to take a taxi in Beijing from the nightlife area. Uh people drink too much
and the taxi drivers use that as a reason to make money. In 16 years once
uh the in these 16 years the transformation in China has been staggering. Um when I first arrived in
第 4 章：Culture of continuous improvement
China in 2010, actually the same year that I started this seminar, um I went out in Shanghai to search for coffee u and I found something barely drinkable.
It was watery. Um really couldn't be drunk. Um today, forget Shanghai. I can
go to tier three city um and the range of coffees available easily surpass that found in Germany, Switzerland or France.
You get really top quality coffees in China. Um likewise I thought until
recently that Canada had the best and tastiest fruit. Uh but flying over China you see miles and miles of green houses.
they have erupted. They have mushroomed.
Uh in many parts of China, the scale and quality of domestic agriculture has improved so quickly that Chinese in
Chinese in my view today produce the best fruit anywhere.
This is what I think about the Chinese character. They have taken kaizen, the Japanese concept of kaizen to heart.
They are keen learners. They absorb new ideas. They absorb them quickly. They adopt them. They adapt them and they
institutionalize them and without backsliding they continue to improve. Um
China keeps ratcheting up and when they do something worth adopting it swiftly becomes a part of their culture. This is
amazing. You try educating and doing good things to third world people otherwise they slip back right away.
They go back to their prior existence in no time. China keeps ratcheting up. I think this is the key to their success.
One image this is which is hardwired in my mind. I was in Changa just by myself walking around the museum which is not
Changa is a city not too far from Wuhan a few months be before COVID hit. Um and I was sitting on a bench and this old woman who is a jan who was a janitor.
Now, of course, in China is not communist. It's not a welfare state. If you don't have money, you go hungry, so you better work. This relatively uh old
woman climbed up a pole to brush off dust off that pole. I was mesmerized
watching her. I have that video and t photograph with me. I use it sometimes in my presentation. That image is
hardwired in me. She didn't have to do it. I don't know if I would have done it in her her shoes.
Uh u but that is uh for whatever reason their system works. Uh either they take
pride in their work or their the structure of their organizations is such that people at least show that they are proud of what they are doing.
Uh now um you know I I as I said I come from a hellhole. I grew up in a horrible hell hole. Hell hole is probably not the
right word for the the place I grew up in. Um but those people where I grew up, they constantly say that we supply the
CEOs to the US. Um um I grew up in India of course. Um now um you should never
ever judge a society based on the highest IQ people from that society or the most successful
people of that society because you're not looking at an average. you are statistically wrong at looking at just the high IQ smart people or rich people.
Um what I assess a country based on is their average people. And this janitor
in my hardwired uh uh information uh it tells me what an average Chinese I have
seen to be. Um uh from what I see in China and of course this is partly as a tourist. I have never worked in China. I
第 5 章：Working systems and services
am of course a business traveler or a just a traveler or even a backpacker when I was 16 years 16 years back. Um I
don't see any any sense of whining among those people. So when I stop a janitor to ask her something she smiles back and
responds to me. Um unlike uh welfare you know there are people we have there's a
a class that we have managed in the western world which is a whiners which is entitled and which always holds a victim card.
Um u in China from Chinese government's point of view if you don't work you go hungry for them it's that simple. It's
not a communist country in that sense at all. Um, and I am all for that that ethic. I have been hungry, broke. Rick has known me when I was uh pretty broke.
Um, I have been broke and hungry. And I think the best education any young guy can ever get is to not have money. It
teaches you to be entrepreneurial and think about give providing value to the society.
Now that doesn't mean Chinese people go hungry because social appropri support mixed with accountability
because all compassion and tolerance should come with accountability u takes care of people who don't have jobs who are disabled or whatever else.
Um, and I think not having the victim mentality and not being given a space to uh express their sense of entitlement makes them less distracted and happier.
I'm talking about the lower class, lower paid people.
Now, wages, surprisingly, this is what capitalists should be in. Wages in Hong Kong and China rise and fall with
changing economic conditions, which I doubt happens in in any other any other place in the world. uh you should not be
surprised if the officer you go to meet this morning ends up delivering your Amazon delivery kind of thing uh the
same afternoon he is allowed to hustle a bit uh on the side if his salary has gone down recently.
Now last year I after the capitalism and morality seminar in Vancouver I flew to Shanghai
uh with a domestic connection. Uh my so I flew into Shanghai. I flew into Tokyo.
I stayed overnight in Tokyo. I took a flight to Shanghai and I had an onward in domestic flight in China. Uh my
flight was about 20 minutes late uh with a 20 minute left for connection. There
was no way I was going to catch my domestic flight because the international arrival and domestic
departure are two ends of the airport there. Uh I came out very relaxedly because I knew I had missed my flight.
Uh when I came out uh someone was holding a a a banner with my name on it.
He photographed my boarding pass uh and me. He sorry he took a yeah he photographed my boarding pass in me and
said go that way. U u now um the um this is something I have
become accustomed to. What comes across as might be a bit blunt is is the Chinese way. It's a Chinese and
Singaporean way. They they just they are more functional rather than um um I sit
with maybe unnecessary politeness sometimes. Not that I have anything against politeness. Western culture
continues to be supreme for me. But I'm just highlighting the negative things that have sunk into the minds of the
western people because of Washington and because of media propaganda.
Uh now I started walking to where he said and I knew you know there would be no one uh next. I would get lost and
eventually lose my flight. There was a chain of agents on the way who knew who I was and they said go that way. go that
way. I was ushered to the top of the line when they needed to because I still had to do customs and immigration in those 20 minutes. Um, and I made it to the my plane in less than 20 minutes.
Um, I don't know um how to set up an organization like that.
I actually don't know how that was achieved. Um, just to add, I was not flying business
class. I was flying economy. So it was not that I was given special privileges because I was flying first class or
business class. Now I have visited government offices in China. Uh they are again blunt. They you walk in and they
第 6 章：Interactions with authority
want you out very quickly. They want to you do your job very very quickly. The goal is very simple. Do the job and let
let the citizens go. Um they don't waste time on pleasantries. you if you go to S
arrive at Singapore airport or Chinese airport or Japanese airport or Korean airport and say good morning they'll
probably not even look at you or not even respond to you.
Um they don't u you know I I I'm all for pleasantries but I am not for pleasantries with government officers, not with politicians, not with
bureaucrats. Um um when dealing with immigration and police, I want an interaction that is brief and not
condescending chitchat. When an immigration officer in America says good, uh hello, how are you? Maybe I don't want to respond to him, but I'm
forced to respond. So, I don't like that condescending chitchat. Uh if I can send if I can avoid selling saying hello, I
like it. That's what I prefer about China and Singapore. Um because my anti-statist
principles hold a higher value than politeness in China. That is exactly what I get. In
these 16 years, I have never met a heavy-handed bureaucrat in China. Um or for that matter in chi, Japan, Korea,
Singapore or Hong Kong. And I have spent extended times in all these countries.
uh recently uh 3 months back I was driving around with a host and I said why don't I see those city police
officers these were uh a different kind of police officers removing street vendors from the street um and his
answer was officers have been giving given more productive roles um they have
they have demarcated a tacet line between what officers can do and what street vendors can um at least among the people I have
encountered u and I'm talking about a street corner guy to
normal people I meet and average guy or bureau uh corporate guys I mean meet I don't see a fear of police among them so
this you know I I have nothing uh uh I'm saying nothing about what happened 30 years or 40 years back in China I'm
talking about today I simply don't see fear in the eyes of the and average citizens when it comes to the government.
In fact, I know someone in China who is suing the local police for something and
she he or she has no fear of reprisals.
Um, put it simply, everyday systems work in China. People are responsive, conveniences are real and
despite my negative views of purch on purchasing power parity things are actually very inexpensive.
Uh it has become strangely over the last one or two two years extraordinarily safe. People now leave their as they do
in Singapore they leave their women leave their poses on the table and go away and come back later. That's how
safe China has suddenly become. Um um China has dealt with religious
extremism. They had Islamic extremism extremely well. Um you I don't see any sign of it anymore. Um and if this
contradicts western narrative, perhaps it's time to trust my direct experience
um over the ideological filters I'm required to put on. Now let me get to some of the principle here. It is
第 7 章：Geopolitics and internal policy
commonly believed um that um pacifists u pacifists like Mahatma Gandhi the so-called Mahatma Gandhi um when when
you get hit show your other cheek and that softens the other person. That's not how the world works. The world is very Darwinian.
Um you cannot win a war for civilization without fighting for it. You must fight
for civilization to the limit governments work. They work to the limit that citizens are prepared to stand up and fight.
Uh yes, Chinese fight. There are literally hundreds of thousands of protests in China every year. Uh Western
media won't talk about it. U but they protest when they need to protest. Um um
and I have seen Chinese citizens loudly shouting at their public servants when the time comes. So yes, they fight. Um
now um once I was driving in southern part of China near Golden Triangle with some people uh this is a those people
who don't know this is an area long and famous for drug smuggling. Um our car was stopped by the police. the only time
ever that my car was stopped by the police. Um, now China imposes massive um
penalties for drug offenses. Um, I don't know what they are. You probably don't stay alive for too long. Um, it seems
smugglers still take the risk because uh why um why do they take the risk? Um, that is why police has stopped us. uh my
suspicion talking with people is that Chinese ports and infrastructure is so efficient that the riskreward calculus
shifts in the minds of the smugglers they prefer to use China. Um when your logistical ecosystem is as frictionless
as China's is and regulatory framework even criminals are tempted.
Um, now the question is, and I have tried to figure this out. Does China supply fentinile to the United States?
I don't know. I I'm only talking about what I know, what I have experienced in my 16 years. Um, so I asked a successful
businessman recently and I said, "Does China, Chinese government enable supply of fentinile to American citizens?" And
he said he wouldn't be surprised. Again, this indicates the openness with which people can respond to you. Um, but
remember in this building, you just have to go down two blocks or four blocks and get a free shot of drugs supplied by the
government. So why should you be blaming China for supplying drugs when you supplied free of cost using tax money
and government resources? Now, maybe that's the right thing to do. I'm not saying that. All I'm saying is you enable you I can get any kind of I think
I can get any kind of drugs. I don't consume any drugs within a block from here.
Uh so why blame China when western governments fail themselves. Now I know and you know I'm saying things here
which does not sit which are assumed not to sit well with Chinese government. I have in my podcasts uh always mentioned
that I consider Hong Kong and Taiwan to be sovereign countries. So I'm not here to please China. I'm here to talk about
facts that I have seen. Now I know Zjin Ping declared himself a lifetime president. I found it repulsive the same
as I think I'm sure most of you did. Um um but not just because of that but also because it seemed that he faced no
opposition from within his party which makes you very unsecure about how rapidly things can change. Um
it is claimed and I I don't have anything against it. It's claimed that some of these were eliminated who
faced capital punishment um uh under the pretext of corruption charges because everyone was corrupt 20 years back. Uh
um um but then don't never judge political leaders in isolation uh because political leaders are like that.
第 8 章：Corruption and economic shifts
Uh here is my view on democracy. John is gone. So but here's my deal view on democracy. Democracy brings in into
power virtue signalers, demagogues and incompetents, people who hollow out
institutions like termites. Yet the same governments demand that China open up to
democracy and allow foreign backed protests. Washington, again talking about government, not the people.
Washington incites pro-democracy movements in in Hong Kong and Taiwan.
Um, and I have experienced that, which I'm soon going to talk about.
Would it be then so outrageous if um if China responded in kind and um helped
supply fentinile in response? Well, I mean, why do you agitate other people in the first place? Um 15 years back 15 16
years back after traveling a bit to China I had a very innovative idea. I thought China was booming. Um corruption
was booming at as a result. Macau had recently exceeded um um recently exceeded Las Vegas in terms of casino
gambling revenue. Uh and it it had become a hub hub for money laundering and um um money laundering and whatever
else. uh it it became a pleasure center for for Chinese who hadn't experienced certain pleasures in life. Um
construction was everywhere in China and I had this brilliant idea. I'm an Indian at the end of the day. Um um I thought
this corruption money would flow into properties and it would flow into casinos.
I lost my clients and lost at least 90 to 95% of that money. Some of that went
to zero. Casinos disappeared. The property market collapsed. Now I asked those people, my pe my Chinese contacts
who are critical of uh Z if um what they think about corruption, they all admit
that they have not paid a bribe in years, maybe a decade, a decade or more.
Now I come from a third world country and I mentioned in my introduction that for me the issue is not about socialism
or capitalism. For me the biggest issue is savagery or um civilization and
corruption me corruption exists at a totally different dimension. It does not deal with the dimension of the spectrum
between socialism and capitalism. It's a completely other dimension which is which corrods which destroys everything.
Um and um and that is for me the biggest reason why China institutionally will continue to improve.
Uh alcohol is very inexpensive in China. Um
for a dollar um you even in a nice restaurant you would pay a dollar or two for a big bottle of beer. Uh so alcohol
is expensive is inexpensive in including heineken kind of drinks. Um u and you
can drink publicly in China. There's no problem in drinking in public. Um but surprising things have happened as time has passed. People drink less and less.
So much less that you could go to a $10 or 15 10 $15 buffet restaurant where
alcohol is included in the buffet price and you hardly ever see people getting drunk. That's how things have changed.
Um comp public servants are required not to drink when they are on business. Um so they can't drink with when they are
being c looked after by private companies or by on public work. Um and I have seen them behaving that way. In
fact that has also come down to private companies. Private companies avoid drinking. Um
what I you know you might not agree with the rule the kind of rules China has but I have come to accept that they are
becoming a they have become a country of the rule of law rather than the rule of man which is the key distinction even if
I don't agree with the the rules they have um um some dismiss China as merely copying
um hey if you could copy this the whole of Africa, Latin America, the Indian subcontinent would be as rich as China.
China is five or 10 times richer than these hells. Copying is not easy. Copying is a tough tough job.
Um, now it's funny that uh libertarians and conservatives don't want governments in
第 9 章：Social norms and values
the western countries to interfere in the in the market. But when Chinese Xi Jinping refused to get involved in um in
uh in the property market to support it and when it was crashing they were making fun of him that he should have participated in supporting the property
market. When uh lobbies corporate lobbies uh got involved were were asserting themselves um in in Beijing uh
they were cut short um and some of those billionaires suffered consequences. Now maybe I don't agree with how it was done
and what was done but corporations have no business lobbying with the government.
Um um now
look at the social aspect of China. Um now I prefer the Christian moral fab fabric. uh but unfortunately we have
mostly erased that um in in most of the world uh social problem as a result does
not uh work very well um in in in in China the government comes
and then if that's the only institution left then I don't know what else is there for the except for the government
to control the celebrities from uh encouraging people to behave in a perverted Hey. Uh, however, you can find
shops of sex toys and tattoo parlor very easily in China. They don't control private sex life. What you do in your
bedroom is not, from what I see, is not controlled by China. What? What's that?
Okay, I can respond to that a bit later.
Okay, they have no one child policy anymore. That was 30. Yeah. But 30 years back, I can go back 100 years back and talk about World War I and World War II
and the crazy things happened. Okay. So, I'm talking about China of today. The crazy things happened. Agree.
Yeah, sure. Um, there's more nuance to it. A lot of most minorities did not have that restriction at all. Yeah. The Western media won't tell you about it.
Let me complete myself. I know I'm I I I'm running out and um I just want to conclude it and then we can maybe
respond to it when we do panel with Brian Lenny or privately with you. Um um the so they they don't and you can
always nitpick on isolated issues. I actually think one child you you have to control populations of the some of the
third world hols. You if you haven't been there you don't understand what is happening. they are growing like cockroaches.
Uh again I I I I'm not defending anything. I'm just portraying a picture of what I have experienced in China. Um
though so yes the the public display of sexuality is not approved in in that country and I'm very happy for it. I
don't want to see people's genitals on the street in pride parades. Uh and because I don't like it doesn't mean I'm homophobic. I just don't like it. It's
not what should be done. Um,
[laughter]
okay. I I have to conclude very soon.
第 10 章：Democracy and foreign agitation
Um, I um what about Hong Kong and Taiwan? Um, I spent many months in Hong Kong and I had perfected uh information
on when the next protest, democracy protest would happen in Hong Kong. And I would be there standing at the corner watching that protests happening. They
throwing bricks at police cars. um blocking roads. I saw all that for months in Hong Kong. Uh and I was a
witness to a historical event. I was standing at the bottom of the most important Chinese flag in Hong Kong outside the Chinese main government
office. And one person climbed up the the pole and brought down the flag and desecrated it right in front of me. I
immediately left after that. I knew what was coming. uh and this whole squad teams came over uh five minutes later.
So I I did this that was the only time I ran away from those protests. Um there were literally um tens or maybe a
hundred flags of Australian uh Australia, Canada, US, United Kingdom frying there. Canadians don't understand
this, but hardly not many countries would allow foreign flags to be flown within their jurisdictions. China
allowed that until that last moment when when I saw this democracy movement going masticizing I would say. Um so again I'm
I'm not in big favor of that democracy movement. I would have preferred Hong Kong to be to stay independent but I would have preferred Nancy Pelosi kind of people not to agitate China.
Um um really from my experiences China is one of the most open countries in the world.
Um um until recently India wasn't issuing visas to China. You can't fly direct from India to China despite that
they have connected borders. Um and China actually offers free gifts to Indians for applying for visas to China.
And again these visas happen very quickly. Now um um really visas visa
policies are usually reciprocal. China does not follow a reciprocal policy.
Virtually all of you can fly to China tomorrow without a need for visa.
Chinese need a visa to come to your countries. They don't follow that reciprocal arrangement because they think in terms of what is good for you.
This is what Maxim Bernier would say that let them apply import duties. We don't care about them. Um and actually
my view is that Chinese would not have imposed any duty structure or export restrictions on Chinese goods had Trump
not made a fuss about it because at the end of the day China does not want to destabilize or delegitimize their government.
Uh now let me change the topic a bit and
第 11 章：Future prospects and conclusion
just to to conclude this um for all its discipline and cohesion China's rise is
not self-generated. Chinese don't want Chinese government doesn't want to hear that the foundations of its prosperity
were laid by extraordinary generosity from the west above all the United States. Without it, its trajectory would
look very different. Without the West, nations like Japan, China, Korea, Singapore would still be mired in
primitive conditions. The spring of humanity and civilization is the west and its unsmatched intellectual class,
its law, raw liberty, openness, fixation on truth, individuality and creativity.
So at the end of the day foundation of whatever China has achieved has come from the US and the west. Still remember
copying is not easy. It is one of the most difficult jobs you can do. Do Chinese share that craving for liberty
for for that do they have that vision for the unknown? Do they have that near religious um um um u belief in belief in
freedom uh particularly which America embodies? Um I don't think so. Um but such a spirit is not necessary for
economic growth at least not for economic growth.
Um um this this influences their institutions. They those expecting American style equality would be shocked
in China. um Chinese structure because of the way they have come to exist and there's a concept called called 0ero to
one and one to n one 0ero to one means uh philosophy ideas basic science creativity which is the realm of the
west but then there's the realm of one to end which is the realm of perfecting those ideas and creating technology and
products that is the realm of China China and Japan and Singapore uh now the the interesting thing is that um
you should not expect American style equality in China. Um they suppress creativity. Um they impose a strong peer
pressure. Uh do I work for a Chinese company? No. Sorry. Um they become emotionally constipated. Um we all all
people from the outside the western world are deeply emotionally constipated. I was talking with Darcy this afternoon. I was telling him that I
still feel despite having lived in the west for 30 years, I still feel sometimes this cloudy unknown wave of
anxiety hit me which comes from this uh scars that that are left from the hellhole I grew up in. So emotional
constipation is a big problem. um uh and and then they'd want to take corrective actions by sending their
children to corrective institutions to infuse creativity and in innovation in
them. Sorry, that's not how it works. Um but really ladies and gentlemen, it makes no sense to compare China with the
US. Um you should be comparing China with Kenya, Uganda or India because that's the group it belonged to two or
three decades back. And that is why you should not be complaining about one child policy when you can actually disappear in virtually all of these
countries 20 years 30 years back. Even today I mean in India you can just disappear in no time. Um and so by that
measure China has done extraordinarily well. Um and there's really no true parallel in human history. Um I see
personally I see I just want to conclude here. I see a huge conflict between western culture and Islam. I see even
sharper conflicts between um western culture and Hinduism. I know people don't see it that way but that's how it
is. There is a huge conflict between Christianity and non-Christian cultures nonjudo-christian cultures. Um uh I
really don't see a way for the western culture to work to work in symbiosis with the third world. It simply will
never work. Their visions clash and that is why uh importing these millions of
third world people with animalistic tendencies and tribal tendencies which become worse in the freedoms of the
west. Um you are doing no good to the west. did never assimilate. This is a fake belief that people assimilate over
generations. No, they become worse with generations.
Uh however, I see a genuine symbiosis between um Japanese, Chinese um and
Koreans and the Western people. Um again you have to understand that you are not compare you should not be comparing
China with the US right away because China really is a developing country even today. I personally wish when I
visit the west and I visit China I wish that they could work together in symbiosis rather than fight with each
other. China is not the enemy of the west and west is not the enemy of um of
China. I think my guess is my instinct is that and this is something I don't know because I don't see the back offices in Beijing but I think that the
most of the problem resides with the with Washington they likely create more problems than Beijing would because
Beijing has Beijing is uh is not a democracy. they don't they don't have to necessarily create a demagoguery which
Washington might want to do. Uh within East Asia, China may now be the most open-minded society in my view. Uh even
more open-minded than I guess Singapore is even today. I think that's how open-minded Chinese might have become.
Um, and I would not be surprised if 0ero to one the base the the the raw libert libertarian values might be starting to
ignite in China. You might start seeing flickers of that already and I would not be surprised because of the homogeneity,
safety and the institutional structure that um that Chinese have provided. uh eventually when the western societies
start getting into trouble because of the crazy things with bringing in third world people they have done the higher
IQ people of the west start leaving for Singapore, China, Japan and Korea. Uh and I think that will be what China
already wants. They are recently they started issuing a special visa K visa which allows you to just move to China
if you are well educated. You have a special qualification and live there and see what happens with your life. They will not issue you citizenship and no
country should issue citizenship to foreigners because then it leads to ethnic conflicts. Uh my view is that
Chinese trajectory is upwards. I I meet people Chinese every Chinese is paranoid. All intelligent people are
paranoid. Chinese IQ is 105. Uh I'm a big believer in IQ. I think Chinese IQ is the is is is the cornerstone. Their
homogeneity ensures that there's harmony and their homogeneity the disposion of IQ is low which means that they don't
have those 180 IQ people and they don't have the idiot IQ people either. Uh but that reduces uh conflicts. Um um I think
China is here to stay and I would not be surprised if China ends up becoming the next America. Ladies and gentlemen,
thank you very much. [music]
