I wonder how the Obama admin is going to respond to this. It's kind of funny however. The West likes to beat people over the head simply because we are a "industrialized" society and yet all these industries have made a small portion richer while the lower class folks still struggle, it's just like old times!
I think this quote says it the best from the article
Dominique Strauss-Kahn, chief of the International Monetary Fund, agreed on Monday that the rising East is a transforming global force. "Asia's time has come," he said.
Since China is holding billions of dollars in US debt i would say so. They have been going on a buying spree! Looks like the US will have to share the super power status soon. My question becomes how will the rest of the west react.
Fight the power China!


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