"China: A Cold Shower"
by Fred Reed
"In a sort of distributed Ouija board enterprise, intellectuals these days predict the likely evolution of relations between China and America. These authorities do not wallow in consistency. China will take over the world. Alternatively, China will collapse because of a surfeit of men, because the different linguistic regions will become independent, because their debt bubble will explode, because the Chinese can’t “innovate,” and because the population is aging and there won’t be enough workers. And of course, the American military will remain regnant over the planet and nearby galactic space. The US will always stay ahead. Or it won’t. This seems to cover the basses.
Well, maybe. But if you watch what the Chinese are actually doing, you may get the impression that China is largely ignoring the American military and letting the US spend itself to death while Beijing focuses on commerce, business, R-and-D, commerce, the economy, education, technology, and more commerce. You might additionally get the idea that China is a confident, well-governed, energetic people on a roll and doing quite well in the inventive department. The snippets below may support this impression of technical and economic vitality."
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