Fred Weston, from the editorial board of Marxist.com, spoke to a packed house at May Day Books in Minneapolis, MN, USA on June 1st. Around 30 people came to hear Fred present a Marxist analysis of the state of the Chinese economy and the future of 1/5 of humanity. We present here a video of Fred's presentation and the question and answer session, which covered topics as varied as the difference between socialism and communism to an explanation of the Asiatic mode of production.