yuan diplomacy
June 8, 2010
Now that the once strait-laced communist country has adopted a capitalist economy, it has become a major world business player. China’s rise into a world power came at a time when the US was beginning to wear crutches...
China, is an excellent example of the complexity of the American image abroad. U.S. China relations are intertwined at every level of politics, economics, and society and becoming more so daily.
Let me put this in a factual context.
China is now the seventh largest economy in the world. Within five years it is likely to be the fourth largest.