China's ambitions are clear. It wants to be the world 's leading power: economically, militarily and technologically. That the U.S. has been complicit (through a lackadaisical attitude to technology transfer or to China's thrust into markets worldwide) without substantive preparedness or a countervailing response to its global challenges only helps China achieve its aims.
Is the US then destined to lose this contest with China? It is what often happens between a rising power and a complacent leading one.
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