My Background2 My Background2 My BackgroundMy BackgroundChapter 6: The Big Cycle of China and Its Currency2020-10-09Journal2 My BackgroundMore specifically, the perspective I am passing along to you here has been gained from 36 years of interfacing with Chinese people about Chinese and world issues (mostly economics and markets in China and the world) and from doing a lot of research.  Through my experiences and by getting to know some of China’s top leaders, in addition to learning about Chinese economics and markets, I learned a lot about Chinese culture, how it operates today, and how it has evolved over thousands of years: from notions of how family members and others should behave with each other to Confucian thinking and neo-Confucian thinking, and through various dynasties and modern leaders to the lessons these events provide about how leaders should lead and how followers should follow.  These typical Chinese values and ways of operating are what I’m referring to when I say “Chinese culture,” which I have seen manifested over and over in my experiences and my research.  For example, from my personal experiences I could see how Lee Kuan Yew, the Prime Minister of Singapore, and Deng Xiaoping, the leader who initiated China’s reform and opening up, were connected by Confucian values coexisting with capitalist practices so that they together could explore how China could have a “socialist market economy with Chinese characteristics.” Continue reading…