Part 3/14:
The discussion reflects on historical relations, noting how, in the 1990s, foreigners saw China as a fledgling economy with little disposable income. However, over time, Chinese consumers developed a taste for global brands—especially luxury foreign cars—and the economy expanded exponentially. Chinese government policies, like "Made in China 2025," aimed to transform the nation into a leader in electric vehicle (EV) manufacturing and technology dominance, shifting from mere consumer to a producer and innovator on a global scale.