China's economy will be the world's number one economy by 2035, and two times the size of the US economy by 2050.
China's Economic Rise: Fact and Fiction, a study released yesterday, concludes that China's commercial prominence could have military consequences. And since the 10 percent annual growth comes from domestic demand, China's rise will happen independent of international economic factors. China seems right on track for money, power, and respect.
The report urges American leaders to rethink economic strategies and enact sweeping domestic reforms. Do you think Americans can adapt to a new world order? What do you think the world will look like with China on top?