I think the easy part of China's ascendency has just about finished, a lot of very hard economic, political and demographic problems are about to kick in, I wouldn't presume that their continued meteoric rise is guaranteed.

I honestly do not - I fear for China.

Over the past 150 years this past generation is the only one not to suffer some horrific war, genocide or starvation. China has a revolt somewhere almost daily, it has none of the institutions we are pretty sure are necessary to managing power (independent judiciary, enforceable contracts etc) and has worrying signs of becoming a mafia state, with none of the benefits of one guy in charge ala Putin .

So basically there are a huge number of ways it can go wrong, very little to hold it together except the fear that if we don't keep on this course it will be a lot worse.