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I will state that unlike many Chinese, I actually like and admire Japan on the whole. I don't really hold a grudge over the past (even though my dad hated Japan and raised me to do so, I dont). I admire Japan as one of the first East Asian countries to industrialize and setting a shining example for other East Asian countries, many of which followed suit, and China is fast following in it's footsteps.
The next 20 years will see a dramatic shift in the sophistication and quality of Chinese companies. It's already happening very quickly and people outside of China have very little understanding of the size and scope of this transition. In just the last five years, China went from being a great laggard in R&D spending to being just No. 2 behind the US and rapidly catching up. Just this year, it became a larger Venture Capitalist market than the US. Basically, there's a huge shift happening that many people don't really see.
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