Twenty five years ago, many east Asian economies were hard hit with the Asian Financial Crisis. Through heartbreaking experiences and hard work, these economies including China survived, learned their lessons, and stepped up resilience, individually and as a whole. Today, they thrive as a global engine for growth. But what we need to learn from that crisis is still relevant. Lou Jiwei, the former Chinese minister of Ministry of Finance, says China will stick to opening-up and to upholding multilateralism. While the U.S., who prides itself as a market economy, carries out a policy to fund American chipmakers as long as they steer clear of China. Is that the behavior of a market economy?