Why is the comparison interesting?
China prospered *seriously* in the 1990's-2000's, after market reforms, and a bunch of people with the means to do so wanted to get in on that. From the perspective of someone doing business internationally, the emotion is YAY THERE IS SO MUCH MONEY NOW. WHEEEE.
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New markets. New industrial bases. New funders. All of whom are getting more sophisticated as partners every day, but who are still (at least, were) easy for a Westerner to impress.
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(I'm into perfume, and you can see new international markets in the perfume trends. Back in 2005-2010, the world's nouveau riche were the Arab gulf states, so you saw a lot of pseudo-oudh perfumes. Now it's the Chinese, and so you see a lot of pale watery perfumes.)
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