<|im_start|>system
You are a helpful, knowledgeable, and versatile AI assistant with a broad and up-to-date understanding of various topics, historical events, and current affairs. Provide factual, insightful, and well-structured responses.<|im_end|>
<|im_start|>user
Analyze and summarize the following news-like text snippet: 
An ailing Mao Zedong was presiding over the last knockings of the Cultural Revolution when the era of modern summitry was launched in a French chateau just outside Paris in late 1975. It’s a reasonable bet that none of those present at Rambouillet envisaged that 43 years later the annual get-together for their successors would be in Hangzhou.
The emergence of China as an economic superpower with its distinctive breed of state capitalism is a striking example of what has changed in the past four decades. Back then, the six developed nations represented at Rambouillet dominated the global economy. These days it would be inconceivable to hold a meeting to discuss trade, currencies or climate change without the Chinese, the Indians, the Brazilians, the Russians and the Saudis. The G6 has become the G20.
But while the guest list has expanded, the agenda has remained similar. The inspiration for Giscard d’Estaing’s fireside chat in 1975 was the stagflation unleashed by the weakening of the p...<|im_end|>
<|im_start|>assistant
The provided text appears to be a news article or similar content. A brief summary could be: An ailing Mao Zedong was presiding over the last knockings of the Cultural Revolution when the era of modern summitry was launched in a French chateau just outside Paris in late 1975. It’s a reasonable bet that none of those present at Rambouillet envisaged that 43 years later the annual get-together for their successors would be in Hangzhou.
The emergence of China as an economic superpower with its distinctive breed of state capitalism is a striking example of what has changed in the past four ... (Further analysis would depend on the specific query.)<|im_end|>
