Asia Worries About Growth of China’s Economic Power

As China continues to move from a planned toward a free market economy, several of its neighbors are finding foreign investment dwindling. The world’s most populous nation has successfully harnessed its great industrial power, and this has attracted hundreds of thousands of high-tech jobs and millions of dollars in investment that formerly went to countries such as Malaysia, Singapore and Thailand. While still a long way off, many experts expect China to supplant Japan as the dominant Asian economic power, an event that could re-polarize the region. – YaleGlobal