Chinese Economy: Post #3

The New York Times printed an interesting opinions article about the rise of the Chinese economy and its convergence upon the United States economy and the fight for world supremacy. While at this point it is more of a thought for the future the author brought up many interesting points. The author stated, “The key to international influence was political power, and the central attribute of political power was morally informed leadership. Rulers who acted in accordance with moral norms whenever possible tended to win the race for leadership over the long term”. His believes that in the end money is not going to determine the world power, rather it is going to be political leadership that thrives above all else. One of the most important factors to consider on the road to world supremacy is domestic peace. While the economy and GDP is important, the gap between rich and poor is a good indicator of social justice and inevitably, political leadership that stands as a model to the rest of the world.

http://www.nytimes.com/2011/11/21/opinion/how-china-can-defeat-america.html?_r=1&ref=unitedstateseconomy