
China Hasn’t Reached the Peak of Its Power
As relations between the United States and China have spiraled down to a half-century low, a frightening new narrative has taken hold among some U.S. analysts and policymakers. It supposes that China’s window of opportunity to “reunify” Taiwan with the mainland—one of Chinese President Xi Jinping’s core foreign policy objectives—is closing rapidly, intensifying the pressure on Beijing to act swiftly and forcefully while it still has the chance.
This narrative rests on the belief that China’s rise is nearing its end. Unprecedented demographic decline, a heavy debt burden, uneven innovation, and other serious economic problems have slowed China’s growth and are likely to slow it even further, leaving the country without the military power or political influence to challenge the United States.… Seguir leyendo »