There’s Little to Fear From China’s ‘Rise.’ Why the U.S. Will Likely Prevail in the Long Run.

Far from displacing the U.S. economically, the likelier outcome is that China will soon enter a long period of relative decline.

Fearful Americans and overconfident Chinese both believe that China is an unstoppable economic juggernaut “rising” across the Pacific—and poised to displace the U.S. The Chinese government’s willingness to court international condemnation over its violent subjugation of Hong Kong and the Trump administration’s efforts to limit Chinese access to U.S. technology and research universities can both be understood as consequences of this shared belief.

Anything is possible. Yet the likelier outcome is that China’s relative economic... Subscribe or Sign In to continue reading.

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