"This is the first time that China’s rich have sought to emigrate in significant numbers. For thousands of years, the ruling class was proudly isolationist. “People now refer to China as an emerging economy, but it was the world’s dominant economy for two millennia, until 1810,” Shamus Khan, a sociology professor at Columbia who specializes in élites, told me. “Before that, the Chinese élite were very reserved and almost snobbish in their view of foreigners. They thought of the European élite as backward people who wanted to acquire culture from China.” Westerners made hazardous journeys to obtain prized commodities—porcelain, tea, silk—from the Middle Kingdom, which considered itself the center of the world.
Only in the nineteenth century did it become evident that the West had outstripped China, especially in the field of military technology. The Opium Wars, which were fought over China’s trade imbalance with Britain, resulted in a humiliating defeat and, ultimately, the end of the Empire. “China’s first encounter with globalization led to its collapse, one from which the country has never completely recovered,” Khan said. “The emergence of a new Chinese élite is China’s second moment of encounter with these global processes, and it’s interesting how certain dimensions are reversed.”
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