BEIJING (Caixin Online) -- In a long-term view, the rise of China is to be welcomed, but today China remains what the journalist Martin Wolf calls a "premature superpower."
China's current reputation for power benefits from projections about the future. In one poll, 44% of respondents mistakenly thought that China already had the world's largest economy, compared to 27% who accurately picked the United States (which is three times larger). Martin Jacques even entitled his recent book "When China Rules the World: The End of the Western World and the Birth of a New Global Order."
Some people draw analogies to the rise of Germany a century ago, and predict a coming conflict with the U.S. like that between Germany and Britain. Fortunately, these fears are exaggerated.
To read the full, original article click on this link: China won't rival U.S. anytime soon Caixin Online - MarketWatch
Author: Joseph Nye, Jr.
