Introduction to China’s “Butterfly Effect on Steroids”

What happens in China, doesn’t stay in China. It’s the “Butterfly Effect” on steroids.

—Ron Vara

Communist China has leaped onto the world stage as a capitalist superpower with astonishing speed. Today, China exports its vast array of wares at the competition-crushing “China Price,” and we as consumers benefit greatly. If that were the end of the story, there would be no story—just an enchanting little ode to the virtues of competition in an increasingly “flat world.”

Unfortunately, this story doesn’t end with a cornucopia of cheap Chinese goods. Instead, this story about The Coming China Wars begins precisely at this point. It is a complex story about how the extremely rapid and often ...

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