Is China The Next Superpower?

Chinese military honour guards from the People's Liberation Army marching in formation at the Great Hall of the People in Beijing.

China, The Next Superpower? -- IBD Editorial

Supremacy: As Beijing resumes double-digit increases in military spending, a leading think tank projects China will achieve military parity in less than a generation. We'd better practice our bows.

Back in 1907, President Teddy Roosevelt sent what became known as the Great White Fleet on a worldwide excursion that lasted almost 14 months. Four U.S. naval squadrons, consisting of four battleships each and their escorts, demonstrated America's arrival as a great power that would soon pass Britain as ruler of the waves.

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My Comment: The Great Britain analogy from 100 years ago is a good one .... and so fitting to where we find ourselves today.