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JUN 06, 2014 - Forbes

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Five Reasons China Won't Be A Big Threat To America's Global Power

China's rapid economic rise and growing assertiveness in relations with other nations has provoked concern in Washington that America is facing a new rival for global dominance.  World Bank estimates suggest China may surpass the purchasing power of the U.S. economy as early as this year, meaning that America will cease being the world's biggest producer of wealth for the first time since it overtook Britain on the eve of the 1876 centennial.  U.S. critics of Beijing frequently ascribe China's success to mercantilist trade ... Read More

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