Unlike the US, which has hundreds of military bases throughout the globe, China doesnt have any.' Photograph: Xiao Lu Chu/Getty Images The news that China will displace the US as the world's largest economy this year is big news. For economists who follow these measurements, the tectonic shift likely occurred a few years ago. But now the World Bank is making it official, so journalists and others who opine on world affairs will have to take this into account. And if they do so, they will find that this is a very big deal indeed.
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http://www.theguardian.com/commentisfree/2014/may/03/world-nothing-fear-us-power-china-economy-democracy