Given its domestic market size, resources and untapped potential for leverage, China, according to Goldman Sachs’ projected rates of growth, is set to become the largest state economy by 2030.[1] The other BRIC economies, meanwhile, are projected to an aggregate economy worth half of the USA’s by that time, which will be relegated to the second largest economy. By 2050, China’s economy will, according to the same projections, be worth almost double the USA’s. The core EU states and Japan’s economies will have grown relatively little. A discussion, therefore, of China’s economy becoming the largest economy is relevant. This paper attempts to model the incentives, constraints and … Continue reading China’s economic rise will not make it the dominant political power