{"id":434384,"date":"2010-03-16T08:03:00","date_gmt":"2010-03-16T12:03:00","guid":{"rendered":"http:\/\/www.businessinsider.com\/bubble-or-not-chinas-rise-is-real-2010-3"},"modified":"2010-03-16T08:03:00","modified_gmt":"2010-03-16T12:03:00","slug":"bubble-or-not-chinas-rise-is-real","status":"publish","type":"post","link":"https:\/\/mereja.media\/index\/434384","title":{"rendered":"Bubble Or Not, China&#8217;s Rise Is Real"},"content":{"rendered":"<p><img loading=\"lazy\" decoding=\"async\" class=\"float_right\" src=\"http:\/\/static.businessinsider.com\/image\/4af0700f000000000021c06f-405-289\/chinese-dragon-editbargif.gif\" border=\"0\" alt=\"chinese-dragon-editbar.gif\" width=\"405\" height=\"289\" \/><\/p>\n<\/p>\n<p>From the <a href=\"http:\/\/www.ft.com\/cms\/s\/0\/f7260328-3069-11df-bc4a-00144feabdc0.html?nclick_check=1\">FT<\/a>:<\/p>\n<p>Is <a href=\"http:\/\/www.ft.com\/reports\/china-2009\"  title=\"China report from the  Financial Times\">China<\/a> like the US in 1890? Or is it more like Japan in 1980? If the parallel  with America is right, China is likely to be the dominant power of the  next century. If the Japanese comparison is more accurate, then the  Chinese challenge to American hegemony could prove ephemeral.<\/p>\n<p>The current mood in the US certainly feels like an exaggerated  version of the &ldquo;declinism&rdquo; that set in towards the end of the 1980s,  when the US was transfixed by the rise of Japan. A recent Pew opinion  survey showed that a majority of Americans now believe that the Chinese  economy is larger than that of the US. This is plain wrong. At the time  the poll was taken, the Chinese economy was around half the size of  America&rsquo;s.<\/p>\n<p><a href=\"http:\/\/www.ft.com\/cms\/s\/0\/f7260328-3069-11df-bc4a-00144feabdc0.html?nclick_check=1\">Read the rest at the <em>Financial Times<\/em> &#8211;&gt;<\/a><\/p>\n<p><a href=\"http:\/\/www.businessinsider.com\/bubble-or-not-chinas-rise-is-real-2010-3#comments\">Join the conversation about this story &#187;<\/a><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/feeds.feedburner.com\/~r\/TheMoneyGame\/~4\/82wgQwnT9w4\" height=\"1\" width=\"1\"\/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>From the FT: Is China like the US in 1890? Or is it more like Japan in 1980? If the parallel with America is right, China is likely to be the dominant power of the next century. If the Japanese comparison is more accurate, then the Chinese challenge to American hegemony could prove ephemeral. The [&hellip;]<\/p>\n","protected":false},"author":6235,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[],"class_list":["post-434384","post","type-post","status-publish","format-standard","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/434384","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/users\/6235"}],"replies":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/comments?post=434384"}],"version-history":[{"count":0,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/434384\/revisions"}],"wp:attachment":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/media?parent=434384"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/categories?post=434384"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/tags?post=434384"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}