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Originally Posted by CaptainCrunch
I would agree with this, but America still have a pretty powerful level in terms of trade. When you run significant trade deficits with countries like China, it can be used for a similar type of leverage to China owning U.S. debt.
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Economies are so intermingled I'm sure the USA will always be strong, I don't think anyone takes on a dominance though, at least not these days.
Quote:
Originally Posted by CaptainCrunch
When you control the sea for example its something that does have to be taken into account. China is not in a terrific strategic situation based on both historic enemies and their lack of ability to project power.
Military will always need to be taken into account because we do live in a violent nasty war.
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I think there is a major reason why powerhouse countries don't go to war anymore. At most postering, but I don't think military strength is that significant anymore.
Quote:
Originally Posted by CaptainCrunch
Frankly it does matter because it dictates how China interacts and negotiates with other countries.
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From a country to country standpoint, or business to business? Business to business, it happens every day.