Many international companies have started to build joint ventures or to produce directly in China. Textile, automotive, IT. ..One day we read they overtook US in exporting IT goods, the other day they surpass Germany in car production.
My perspective is that they will also surpass US as the world guard in the next 20 years. This is very similar to other change of guard processes in history: Spain to England; England to France; England to US....And now US to China.
We will watch them rising, dominating, obtaining world peace (haha) building the Bourgeoisie class, lazier young generations watching MTV (or then whatever) all day. And who will surpass them in 2050? Russia again? Brasil? Turkey? (Why not)
Of course US will make it hard for them. I am also against what they do to Tibet. But, don't you also find it meaningful what goes on just before their crown ceremony in Beijing Olympics :))
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