As for foreign debt, even American economists don't view that as a problem for China, in part because China has about $300 billion in foreign exchange reserves and can easily pay its bills. All countries have foreign debt, and the biggest debtor nation in the world is America. China is actually the biggest holder of US bonds right now. This means China has excess money to even loan to America. It's America that has $6 trillion in national debt.
As for drugs and AIDs, it's funny to hear an American talk about any other country's drug or AIDS problems. America is the biggest consumer of narcotics in the world.
Again, you are merely echoing my arguments, that China's legal system is a quagmire of contradictory statutes interspersed with Confucian and Taoist blather. News flash: This is a major weakness. Second, the reason India and other democratic nations, like the US, Britain, and Israel "shirk" reform in their legal systems, is precisely why THEY HAVE BETTER LEGAL SYSTEMS. Legal systems should not be subject to haphazard and continuous "reform," because that would render the law unstable and unpredictable, two things that would drive a foreign investor in China broke faster than crap through a goose. Ever heard of the concept of "stare decisis" in the law? It is considered a GOOD THING for the law not to change, but only minimally, over time, to overcome precedent, only by very good legal arguments and social changes necessary to continue the viabilty of a Constitutional Republic.
"As for foreign debt, even American economists don't view that as a problem for China, in part because China has about $300 billion in foreign exchange reserves and can easily pay its bills. All countries have foreign debt, and the biggest debtor nation in the world is America. China is actually the biggest holder of US bonds right now. This means China has excess money to even loan to America. It's America that has $6 trillion in national debt."
Now that is just an abject lie. Look at the article above. Read the part about China's debt again. Then come back and respond. Your lies are not going to make China any stronger. Maybe you should read more Adam Smith or Alexander Hamilton, instead of Sun Tzu.
"As for drugs and AIDs, it's funny to hear an American talk about any other country's drug or AIDS problems. America is the biggest consumer of narcotics in the world."
Maybe so, but even if that is true, don't you think that this is a problem facing China right now? You forget, that the thesis of the article above is that "China's economic destiny is anything but certain." China's massive drug problem militates strongly against your arguments about China's "manifest destiny" to control the economic world by 2015. I am not saying it is not possible, I am simply saying that it is also quite possible that it will not be, taking into serious consideration the myriad problems facing China in the modern world. And you can bet that China has many, many enemies, all willing to exploit, to the fullest, all of the problems it is facing, to ensure that Communism does not prevail.