Certain. China's rise to its rightful place and the restoration of its glory are as immutable as gravity.You sure about that?
Count. On. It.
Certain. China's rise to its rightful place and the restoration of its glory are as immutable as gravity.You sure about that?
You sure about that?
Because America wants desperately to convince others - and itself most of all - that it's not afraid of China's growing power. It's an empty show, just a silly, pointless game. Soon enough China's strength will be so great that even the (in)famously thick-headed American Exceptionalism will be forced to reckon with it.
Certain. China's rise to its rightful place and the restoration of its glory are as immutable as gravity.
Count. On. It.
At the risk of going off-topic this will be my last $0.02 on the matter.
Regardless of what the future holds for the US-China power balance (my prediction is that the status quo remains, but that's another story), the current scales tip heavily in favor of the United States in all sectors: military, political, economic, industrial, & cultural. This is true both on a global scale and in the Pacific. China may be vying for time but she only does that because she knows any misunderstanding would spell tragic consequences for the PLA.
Ask yourself why China's leaders have been relatively silent on the USN's "show of force" and why China's military activities & intrusions have died down in recent times.
Because America wants desperately to convince others - and itself most of all - that it's not afraid of China's growing power. It's an empty show, just a silly, pointless game. Soon enough China's strength will be so great that even the (in)famously thick-headed American Exceptionalism will be forced to reckon with it.
I've asked myself this, and - generously granting the dubious premise of your entreaty - the answer I came up with is that China has already achieved its objectives: its island fortresses have been established and its neighbours have been suitably quieted. That's very good for the time being. America's objectives, on the other hand, have not been achieved and can never be achieved because time can't be rolled back. America is trying to hold up a crumbling facade, a facade that falls further into decrepitude with each passing day - it is the very definition of a Sisyphean task.Ask yourself why China's leaders have been relatively silent on the USN's "show of force" and why China's military activities & intrusions have died down in recent times.
China vies for time because time is on China's side.China may be vying for time but she only does that because she knows any misunderstanding would spell tragic consequences for the PLA.
China is nowhere close to peaking economically, it will have "peaked" once its per-capita GDP matches that of a developed country. We're in the wrong half of the century if we're looking for a "peak."There is a chance that China has already peaked or close to peaking economically.
China is nowhere close to peaking economically - it will have "peaked" once its per-capita GDP matches that of a developed country. We're in the wrong half of the century if we're looking for a "peak."
Well that's the best case scenario.
The worst case scenario is the Made in China 2025 and One Belt One Road all fail and then China gets stuck in middle income trap like Brazil, Russia, Turkey, etc.
China remaining at 60-75% as big as US is still a super power. USSR was only ever 50% of US economically.
Reality is that Chinese per-capita GDP will never match that of developed countries unless some major technology revolution happens in China, or the Chinese population declines in a stable fashion. Instead of growth the country is better served improving stability, sustainability, and equality. Raising the military gdp to 4% would go a long way.
No, that's the baseline scenario. If anything it's too conservative.Well that's the best case scenario.
The "middle income trap" is a profoundly misunderstood economic phenomenon, and comparing China to any other country, especially the ones you mentioned, is methodologically unsound. None of these countries have a domestic market on the scale of America, the EU, or even developing China. China has the markets, the capital (human and monetary), and a monomaniacally committed government to support its climb up the value chain. Last but not least, significant parts of China are already fully developed and well out of the middle-income trap.The worst case scenario is the Made in China 2025 and One Belt One Road all fail and then China gets stuck in middle income trap like Brazil, Russia and Turkey.
Why not? Incidentally, major technology revolutions happen all the time in China (just note the financial technology revolution), and a lot more of them will happen with MiC2025.Reality is that Chinese per-capita GDP will never match that of developed countries unless some major technology revolution happens in China