Keyu Jin

But even, you know, daily stories, a walk in the park behind my parents' apartment, you're going to find at least 50 organized social groups on a daily level talking

Singing, dancing, exercising, doing whatever these fantastic idiosyncratic hobbies they have, getting together every single day.

And free courses for the elderly and the retired.

That sense of communalism, that sense of belonging, that strive for harmony at the societal level is there.

Competition is ferocious in China, especially when it comes to Chinese companies, but also in education.

I should be thankful that I'm not, you know, born later than I am because I thought China was pretty competitive already going to the schools and studying for the exams.

It is a different level today.

Competition is not necessarily in the culture, I'd say.

It's driven really by the changing economic and social circumstances of the day.

The Chinese companies are all hardworking.

They're all going after the market share.

They all kind of want to do the same thing.

You know, it's not quite like in the U.S.

where you open a coffee shop.

Well, next door, I'm going to, you know, open coffee.

bagel shop, right?

In China, the coffee shop does well.

Everybody wants to open the same coffee shop.

And I think, again, I'm sure we're going to get to this, but there's a lot of that kind of competition, which really drives the world sometimes crazy, of replication.

But it's because it's not easy, right?