China's Age of Abundance

The author has keen eyes in identifying the unique circumstances. This book is full of data and sharp analysis. Wang’s key strength in this book lies in his ability to pick out the "essential ingredients" behind China’s ascendance. He doesn’t just focus on one aspect, like labor costs or production capacity—he connects the dots between China’s historical evolution, economic reforms, and global trade dynamics. He shows how China’s transition from a predominantly agrarian economy to a global manufacturing powerhouse wasn’t just about cheap labor; it was about strategic government policies, massive infrastructure investments, and the pivotal shift toward market-driven forces. These are the underlying forces that have made China not only a center of production but also a growing technological innovator.The author also summarized them as the 3 one's: one people, one history, and one person that contribute largely to this period of Chinese's history.