Thought Leadership: Is China's Economy the Future?

There is a wide consensus that China’s economy will overtake the U.S. economy in the next 10-15 years. For many Americans, the idea of a country opposed to the principles of democracy and free-market capitalism becoming the world’s economic superpower causes great anxiety.

There may be good reasons to worry about a future in which China assumes economic leadership and leverages its interests at the expense of those of western liberal democracies, but there are also good reasons to take a deep breath.

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