In early March, a U.S. Embassy official confided to a visiting businessman that he believed that Chinese leaders viewed the United States as a declining superpower whose time had passed and will be forced to share world power with other powerful nations, including China.
To demonstrate how China ‘s strategic position has changed in the last two decades, the Embassy official explained that China not only captured the U.S. consumer market, but has invaded Latin America, a region that the U.S. has traditionally dominated.