Economy and finance: China and US – The decline and fall of America’s decline and fall

In 15 of 22 countries surveyed, most people believe that China either will replace or has replaced America as the world’s leading superpower – Joseph S. Nye
American politics, moreover, remains gridlocked over budgetary issues, and compromise will be even more difficult on the eve of the 2012 election, when Republicans hope that economic problems will help them unseat President Barack Obama. In these circumstances, many are predicting America’s decline, especially relative to China.

 

And it’s not just pundits who think so. A recent Pew poll found that in 15 of 22 countries surveyed, most people believe that China either will replace or has replaced America as “the world’s leading superpower”. In Britain, those putting China on top rose to 47 per cent, from 34 per cent in 2009. Similar trends are evident in Germany, Spain, and France. Indeed, the poll found more pessimistic views of the US among our oldest and closest allies than in Latin America, Japan, Turkey, and Eastern Europe. But even Americans are divided equally about whether China will replace the US as a global superpower.

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Categories: China, United States

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