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Chinese change cometh.(Letter to the editor)

American Prospect, The,  May, 2007  by Hutton, Will

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JAMES MANN ["AMERICAN'S China Fantasy, March 2007] over-exaggerates China's power, under-estimates its vulnerabilities, and in consequence advocates a policy of trade and financial unilateral hawkishness that would be a strategic disaster for the United States--and a huge risk for the global trading and financial system. What is distinctive about the Chinese economy is less its eye-catching headline growth but rather its wanton wastefulness, poor productivity, low rate of innovation, and reliance on foreign companies.

Chinas weaknesses preoccupy its leaders. They ...

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