From The Asia Times Online:
“The United States has nothing to fear from China’s emergence as a global economic power… We want you to succeed … The tasks faced by Beijing are so daunting that the biggest risk we face is not that China will overtake the US, but that China won’t move ahead with the reforms necessary to sustain its growth and to address the very serious problems facing the nation.” – US Treasury Secretary Henry Paulson, who is due in Beijing for two days of talks with Chinese officials next week.
“China can’t dominate Asia; there are too many governments in Asia.” This comment by a senior Chinese official during recentinterview in Beijing reflects realities of power that make Chinese leadership in Asia unlikely under foreseeable circumstances. [Full Text]
