China’s economic presence on world markets is actually much smaller than that of the United States of America and smaller than our key three asia-pacific allies combined.
Analysis
U.S Military Defence Spending: It’s Not What You Think
Recent calls for an increase in military spending and renewed U.S. military dominance reflect a growing alarm over defense readiness.
China’s greatest challenge will be escaping the middle income trap
China’s slower growth figures have caused jitters in world financial markets. Nevertheless its growth remains at miracle levels. At this pace, China would appear to remain on track to become the richest and most powerful country in the world, bar none.
