- Jan 8, 2011
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No one can argue that China is not a leading power or will not be a leading power in the upcoming century. But dreams of domination are naive considering the issues China faces:
- massive income inequality (this never stopped America)
- massive state supported debt (esp regional/local) (See above)
- huge environmental damage and shrinking arable land (So?)
- falling fertility rates and an aging population (just like the rest of Asia, though not quite as bad) (no lack of people in china)
- huge oil dependency (They will TAKE IT from the ME)
- ethnic unrest (who doesn't have that?)
- military that can only be deployed locally - no ability to project conventional power outside their borders or local waters (So far. That's changing fast.)
The US has its own challenges, but dreams of a Chinese hegemony are stupid. Reality is likely more complicated - in 20-30 years, no country having US-type sole, global leadership anymore.
I little resistance to a Chinese hegemony.
