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Has China's Power Peaked?

Open to Debate

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Is China's Power Peaking?

There are two ways in which we could have talked about China's power peaking. One would be ballistic. If a rocket goes up, then it has to come down. There's also the metaphor of a balloon that it gets up to a certain height and it stays there or goes up and down and higher. I don't think anybody's saying right now is China's going down. But Michael, you are arguing that maybe they're at their balloon point. Maybe they've reached maximum altitude in certain categories.

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