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To me it all depends on how well China does at building a solid middle class.
The prosperity of the US was built on having a strong middle class. Those people had jobs, houses, were happy with their lives and had disposable income. Our middle class is shrinking and it is hurting us. If China can build and maintain a strong middle class in 50 years they could be the new world super power. However, 50 years is a long time. They could also collapse and end up being more like India.
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