The Three Faces of Chinese Power

Berkley: University of California Press, 2008, p. 254.

The PRC is most accurately understood as a developing country.  While it possessed large pools of excellence, it has far larger oceans of domestic poverty and weakness that will preoccupy its leaders for a considerable period.

Nonetheless, China’s globally competitive sectors are of such a scale, quality and dynamics that they constitute formidable economic, intellectual, and upon occasion, military competition for the United States and others.  Nations high on the value-added ladder must keep moving upward to preserve their advantages.

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