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Pepe Escobar: Why American Worries about “Containing China” Are Off the Mark
Yves here. As China has become more powerful economically, and is
building up its navy (a substantial navy is a precondition of being a
true superpower), some pundits have taken to anticipating a world where
US cedes dominance to China over a protracted and likely unstable
transition period, using the decline of the British Empire and the rise
of American influence as a guide.
http://www.nakedcapitalism.com/2013/06/pepe-escobar-why-american-worries-about-containing-china-are-premature.html?utm_source=feedburner&utm_medium=email&utm_campaign=Feed%3A+NakedCapitalism+%28naked+capitalism%29
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