how to understand china: the dangers and opportunities of being a rising power

Extract

china’s situation lends itself to hyperbole. the people’s republic of china (prc) has the largest population in the world, the fastest growing economy in the world, the largest army in the world, the largest middle class in the world, a permanent seat on the united nations security council, a manned space programme, a nuclear arsenal, and so on. but analysts, commentators and policymakers have yet to decide just how to understand china.