A Rising, Emboldened China

The essay offers an in-depth account of China's assertiveness in world affairs, an analysis of its own emerging contradictions, and how it must reconcile economic development and the inevitable growth of the middle class that will, sooner or later, demand political freedoms. China's influence in the global financial system constitutes the core of the author's analysis. The author also describes the challenges faced by the US from China as a rising competitor for superpower status.