Part 2/9:
One critical aspect Sergent emphasizes is the importance of stability in China's rapid modernization. He ponders what would occur if China faced instability, especially given its central role in global supply chains and manufacturing. The level of upheaval that could emerge from changes in this vast nation is a concern that extends beyond its borders. “An unstable China would be disastrous for all of us,” he states, pointing out that an overnight collapse of the Chinese supply chain could dramatically impact lives around the world. Resting on stability as a foundational tenet, China has managed to modernize without major disruptions.