The China Bluff

The China Bluff

China has risen from poverty, impotence and isolation to retake its premodern place atop the world economic order. The People’s Republic is now a major actor in global governance. It is fully integrated into every aspect of the international system it once sought to overthrow and, in some ways, more devoted to that system than we are. Forty years ago, China’s backwardness and vulnerability were the wonder of the world. Now, the world envies and ponders the strategic implications of China’s rapidly growing wealth and power.

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