Another one of China's

Wang visited America from a country with thousands of years of history and achievements which had fallen into several centuries of poverty and backwardness. By studying the successes and shortcomings of America, he was able to envision a way forward for China. For the past 25 years, as a central figure in China’s ruling elite, he has put that vision into practice, and been very successful.

Shortcomings to which Xi has reacted by devising a scheme where that places limits on capitalists' wealth. Likely the most important innovation, but not even mentioned.
An obvious indication that the piece was written for American consumption.

The OP has nothing so let's try that angle for a start!
 

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