Asia-Pacific

Editor's Note: Official estimates and popular discourse portray China as an emerging colussus whose ever-expanding economy will make it the dominant power in Asia and a peer competitor to the United States. John Lee, of the Hudson Institute and Australian National University, paints a far darker picture -- at least for China. Lee identifies a range of grave economic problems that China faces and contends that its resulting future military power is likely to be far more limited than is usually estimated.

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