Smart Americans need to visit Asia for themselves and see the seismic shift that is occurring. No web commentary can adequately describe it.
There is no day imminent where China will declare - "Aha, we are your masters now!" It will simply become self-evident to the rest of the world in a few decades.
‘Asia now offers a less corrupt, more level playing field than the USA’
Dunno, what ‘Asia’ we are refering to. But I’ve lived and worked in SE Asia for years. They are corrupt and the Govt’s[Esp. Singapore] is by in large a police state with limited freedoms.
You can have ‘Asia’.
The dynamics are set, as they were in America at the beginning of the 20th century: production has shifted to Asia with wealth along with it, global investment, new technologies, a growing middle class...
But the larger question is if Asian political culture can sustain the growth. The resources and economic contingencies of North/South America don’t necessarily point to U.S. dominance; something other than the “sea to shining sea” was at work, and the core matter for Asia is if it can grow without the political freedoms and protections of sustained capitalism.
China has weathered the first storms of capitalism, but it has hardly been tested. It has survived the Asian currency boom and the real estate boom here: can it survive its own excesses? That will be the test.
Have you ever avtually lived in SE Asia?
Less corrupt? BWAHAHAHAHAHAHAHAHA!
Corruption in SE Asia is a way of life. From the lowliest civil servant to the highest power in the land, they are ALL up for sale. The only thing distinguishing one from the other is price.
Of course, as with any rule there are exceptions but they are few and far between.