According to Fukuyama, impersonalistic Germans, Japanese and Americans could operate at ultra-high levels of social trust, allowing large corporations to form organically, while familistic peoples like Chinese and Italians need state intervention to form meaningfully large enterprises. Russians, with neither deep familial bonds nor liberal values, removed into mafia mayhem in the absence of a strong state.
Leave it to Fukuyama to come up with race science even stupider than phrenology. At least you can take objective measurements of skull shapes.
Also yeah, I went back to China for the first time in 5 or so years recently and the vibe in Shanghai was very different. My parents who live in China also commented on how good service had gotten recently.