The emergence of China as an economic superpower

Here are some links I found over the weekend, both articles entailing the demise of China in the near future:

"China’s Leaders Deadlocked Over Succession"
- From the New York Times: basically a discussion on whether Hu would be able to find a successor, and whether Jiang will use his elderly powers to voice in his concerns again.

"Butterfly Effect"
- Newsweek: very amusing analysis of the subprime crisis. For those of you short on time, here is the summary: US consumers still control the rest of the world, simply because China's unsustainable growth (by not having strong internal consumption) and Europe's lack of growth without the assistance of American momentum. Even more troubling is the article's comparison of China's economy to that of Japan's in 1980's. What do you think?

Something extra:

"Wikiscanner"
- This has nothing to do with anything, but I thought that with all the media talking about it, I should too. Use this tool to see which large corporation has undone itself and others on Wikipedia. Apparently it's not just American companies messing around, but Chinese companies have been found to edit their own Wikipedia pages in order to "cut" ties with the state government. How weird.