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Economic potential. >> tech giants like alibaba show cased china's rise to the leading edge of economic and technological power. and then xi took control in 2012, many expected him to continue to open china's economy, like his predecessor. >> there was a belief among all of the leaders in the west china would continue to integrate towards a private sector led system. >> after decades of growth, fueled by china's private sector, xi had inherted the world's second largest economy. but china also faces serious challenges, an aging population, crippling debt and slowing export machine. >> a big co...

Technological power. when kxi took control in 2012, many expected him to continue opening china's technology. >> there was a belief among all the leaders in the west that china would continue to integrate towards a private sector-led system. >> after decades of growth fueled by china's private sector, xi had inherited the world's second largest economy. but china also faces serious challenges: an aging population, crippling death and a slowing export machine. >> a big concern for the leadership was how to keep the growth going. >> so they unleashed the tech sector. first the companies seemed l...

Sector-led system. >> after decades of growth fuelled by china's private sector, xi had inherited the world's second largest economy. but china also faces serious challenges, an aging population, crippling debt, and a slowing export machine. >> a big concern for the leadership was how to keep the growth going. >> so, they unleashed the tech sector. at first the company seemed like copy cats. that changed fast. >> no one out there thought that china today would be at parody with united states and major technologies. they thought these guys would steal stuff. >> by 2020 the tech sector had explo...

Leading edge of economic and technological power. when xi took control in 2012, many expected him to continue to open china's economy like his predecessors. >> there was a belief among all of the leaders in the west that china would continue to integrate towards a private sector-led system. >> after decades of growth fueled by china's private sector, xi had inherited the world's second largest economy. but china also faces serious challenges -- an aging population, crippling debt, and a slowing export machine. >> a big concern for the leadership was how to keep the growth going. >> so they unl...

The bell. >>. >> he unlocks a huge amount of economic potential. >> tech giant like alibaba showcased china e's rise to the leading edge of technological power. when xi took control over 2012, many expected him to open the country. >> there was believes among all the leaders in the west that china would integrate towards a private sector-led system. after a decade of growth, xi inherited the world's second largest economy. kmie na faces serious challenges. an aging population, crippling deaths and a slow export machine. >> a big concern is how to keep the growth going. >> they unleash the tech...