The China Delusion

More

Drezner puts the country in perspective: 

 If one measures power strictly according to GDP at market exchange rates, then the United States is roughly 250 percent more powerful than China. If one uses a combination of metrics as does, for example, the U.S. National Intelligence Council’s 2025 project then China possesses a little less than half of America’s relative power. Even on the financial side, the U.S. still reigns, and, hype notwithstanding, the dollar is not going anywhere as the world’s reserve currency. The renminbi could be an alternative in the far future but after the 2008 financial crisis, China is loath to open up its capital markets. Even by the less tangible metrics of soft power, the United States still outperforms China handily in new public opinion surveys from the Pacific Rim by the Chicago Council on Global Affairs.

Right now, the United States is vastly more powerful than the People's Republic of China. Anyone telling you otherwise is selling you something.

Yes, right now. And we can stay that way with fiscal reform. But not without it. And soon.

(Hat tip: Pejman)

Jump to comments

2006-2011 archives for The Daily Dish, featuring Andrew Sullivan

Get Today's Top Stories in Your Inbox (preview)

A Fascinating Short Film About the Multiverse

If life is a series of infinite possibilities, what does it mean to be alive?


Elsewhere on the web

Join the Discussion

After you comment, click Post. If you’re not already logged in you will be asked to log in or register. blog comments powered by Disqus

Video

The Death of Film

You'll never hear the whirring sound of a projector again.

Video

How to Hunt With Poison Darts

A Borneo hunter explains one of his tribe's oldest customs: the art of the blowpipe

Video

A Delightful, Pixar-Inspired Cartoon

An action figure and his reluctant sidekick trek across a kitchen in search of treasure.

Video

I Am an Undocumented Immigrant

"I look like a typical young American."

Video

Why Did I Study Physics?

Using hand-drawn cartoons to explain an academic passion

Writers

Up
Down