China has succumbed to hubris. It has mistaken the soft diplomacy of Barack Obama for weakness, mistaken the US credit crisis for decline, and mistaken its own mercantilist bubble for ascendancy. There are echoes of Anglo-German spats before the First World War, when Wilhelmine Berlin so badly misjudged the strategic balance of power and over-played its hand.
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Comments: Personally, I'm quite wary of the Chinese-American rivalry and, what many scholars and commentators point to, its path to conflict and possibly war. While the US and China may publicly differ on a number of subjects I think that these two countries have far more in common than they, or their people, would like to admit. Furthermore, they're economically dependent on each other as this article has astutely pointed out.
The article offers an interesting and largely accurate analysis of the current relationship, but comparing China to Wilhelmine Germany is perhaps too far at this point in time.
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