David E. Sanger

There is no single 'China model' to running a mega-economy. Instead, it is a blend. From the Europeans and the Japanese, the Chinese have borrowed the concept of protecting essential industries. ”

We had a great chance in the mid-2000s to reach an accord with the Chinese on both energy and environmental issues. That deal would have essentially been that the U.S. could provide the equipment and expertise, and the Chinese would help close the trade gap. It was a huge opportunity that we failed to exploit. ”