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Age of Ambition: Chasing Fortune, Truth, and Faith in the New China

Evan Osnos

Top 10 Best Quotes

“Hope is like a path in the countryside: originally there was no path, but once people begin to pass, a way appears.”

“To survive in China you must reveal nothing to others. Or it could be used against you … That’s why I’ve come to think the deepest part of the self is best left unclear. Like mist and clouds in a Chinese landscape painting, hide the private part behind your social persona. Let your public self be like rice in a dinner: bland and inconspicuous, taking on the flavors of its surroundings while giving off no flavor of its own.”

“The longer I lived in China, the more I sensed that the Chinese people have outpaced the political system that nurtured their rise. The Party has unleashed the greatest expansion of human potential in world history—and spawned, perhaps, the greatest threat to its own survival.”

“THE PAST DOES NOT EQUAL THE FUTURE. BELIEVE IN YOURSELF. CREATE MIRACLES.”

“It is more difficult to choke the mouth of the people than to block the flow of a river.”

“With so many thinkers “spending so much energy fighting over words and ink, we have forgotten to criticize government authority; we have forgotten to pay attention to social welfare. That should worry us.”

“In most countries, the long-term effects of kleptocracy are easy to predict: economists calculate that for every point that a nation’s corruption rises on a scale of one to ten, its economic growth drops by 1 percent.”

“Americans tend to see themselves in control of their fate, while Chinese see fate as something external,” Lam, the professor, said. “To alter fate, the Chinese feel they need to do things to acquire more luck.” In surveys, Chinese casino gamblers tend to view bets as investments and investments as bets. The stock market and real estate, in the Chinese view, are scarcely different from a casino. The behavioral scientists Elke Weber and Christopher Hsee have compared Chinese and American approaches to financial risk. In a series of experiments, they found that Chinese investors overwhelmingly described themselves as more cautious than Americans. But when they were tested—with a series of hypothetical financial decisions—the stereotype proved wrong, and the Chinese were found to take consistently larger risks than Americans of comparable wealth.”

“We cast aside our three core ideas—Buddhism, Taoism, and Confucianism—and that was a mistake. We were taught Marxist revolutionary ideas from 1949 to 1978.” He paused and watched his wife and daughter snapping photographs at the boat’s railing, an orange sun sinking behind the buildings. “We spent thirty years on what we now know was a disaster,” he said.”

“Traditionally, young Chinese couples moved in with the groom’s parents, but by the twenty-first century less than half of them stayed very long, and the economists Shang-Jin Wei and Xiaobo Zhang discovered that parents with sons were building ever larger and more expensive houses for their offspring, to attract better matches—a real estate phenomenon that became known as the “mother-in-law syndrome.” Newspapers encouraged it with headlines such as A HOUSE IS MAN’S DIGNITY. In some villages, a real estate arms race began, as families sought to outdo one another by building extra floors, which sat empty until they could afford to furnish them. Between 2003 and 2011, home prices in Beijing, Shanghai, and other big cities rose by up to 800 percent.”

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