China is STILL the paper tiger she has always been.
Go talk to someone that has been to China recently.
They are big enough to cause trouble so we can't write them off in certain areas. However the world can live without them if need be...
Their weakness is their strength... they have loads of people that dirt poor and who work for nothing...
With China its a race to the bottom yet people call it 'strength'...
The real issue with China is how they distort global trade.
If not for certain policies and actions a lot of the investment $$$ will naturally head elsewhere.
China does not have an absolute advantage...a lot of their 'advantage' is concocted.
Those concoctions are what we need to watch.