The Real China Threat

Raw numbers and rankings often don’t reflect momentum, motivation or method. The US frets about a rising China, but such worry is misplaced, urges Robert Samuleson in his Washington Post column. The real concern is an unstable China, along with distorted trade and ruthless competition over natural resources. “The United States has seen a prosperous global economy as a means to expanding its power, while China sees the global economy -- guaranteed markets for its exports and raw materials -- as the means to promoting domestic stability,” explains Samuelson. The economic policies of the US and China are on a collision course, a big hazard for both nations, and nationalism on the part of either country would only be self-destructive. Samuelson concludes: “Globalization means interdependence; major nations ignore that at their peril.” – YaleGlobal