Forty years ago China opened its economy to the world. And stepped out into it. The changes since have been extraordinary. And it isn’t just about record growth year after year. China’s economy has evolved over time from inward and agricultural, to a base for inexpensive production – and reproduction - and now to a major investor, and jobs creator, overseas.
In the US nowhere is this more evident than in and around Detroit, Michigan. The “Motor City” lives and dies by the automobile, and for decades it was on the decline. But recent Chinese investment in the auto sector is helping revive this corner of the Rust Belt.