"China's speedy ascent to become a global economic superpower is troubling to many: to the industrialized nations of the West because they fear for their jobs; to politicians because the global balance of power is shifting; and, last but not least, to economists because it is so puzzling to them."
What a bunch of useless tripe...
For God's sake, can't we go back to selling them opium? That is the only thing they have ever seemed to want as a western import, that, Computer processors and Nuke bomb technology....
This is just the latest volume of yellow scare crap. You have a country with the largest population in the world. It has never been a republic. It has always been a world 'power' even in the 'darkest' days in the late 19th century, but it will never be a world superpower akin to the hard British Empire or the softer American one simply because the Chinese don't have any 'ideas' to export that carry with other people, as did the English with Adam Smith and John Locke.
The vast majority of folks in Peoria or Leeds don't much care for the ideas of Mao or his progeny, which is that of a command economy, that is except for college professors or folks dumb enough to think they will get to be part of the group that does the commanding...
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