Well - as an old great granny, I remember not too many years ago when it was JAPAN that was going to “take over America. “
They owned half of L.A. and other cities and lotsa land...
but a funny thin happened along the way. They fell on hard times - and things went up in smoke
Japan does not have a population of 1.3 billion...
Well....Japan is still the 3rd largest economy in the world. And was second for a long time. And while they fell on hard times, and still are in it, they are expected to be the 3rd largest economy up til 2020.
Japan's limitation is that they are a nation of only 125 million people vs. the US which has about 310 million people. And China, of course, is about 1.35 billion people. Those factors need to be kept in mind.