EXCERPT:
SCHWAB: “We have to construct the world of tomorrow. It's a systemic transformation of the world. So we have to define how the world should look like which we want to come out of this transformation period. I respect China's achievements, which are tremendous over the last -- over 40 years. I think it's a role model for many countries, but I think also, we should leave it to each country to make its own decision what system it wants to adopt. And I think we should be very careful in imposing systems. But the Chinese model is certainly a very attractive model for quite a number of countries."