Will USA lose its No. 1 status to china?

The big boys of U.S.A are still strong with their dollars, the recession has woken up the countries who were following U.S with have learnt a lesson of how the economies are still depended upon the world power. True it has now a competiter like China for instance, but has a very long way to go.

A democratic country is more flexible than a communist, as we have seen the debacle of U.S.S.R, though being a superpower, so China needs to open up its doors for the rest of the world possibly then it might come in parellel with U.S. India to me seems a more vibrant country so in fact we can be a   be superpower in 20 years.

As we, the Indians, are not fed either by China or by America, we have no interest in such debates. So, we sit on the fence and observe what is happening around the globe.

These two majors may fight either with their respective Foreign Exchanges or with 'war-heads' or both to become the super power. However, the USA, it appears has been loosing its might.

Back home, India is the next global destination. WE are the natural choice, may gain importance by virtue of our own strengths. Let us concentrate on ourselves leavong behind China and the USA.

I support your view that China is miles or leagues behind in every aspect of society when compared to USA .First it is technologically miles behind USA ,politically speaking there is communism which is another form of legal mafia or oligarchy which doesnt support free enterprise and china doesnt have any industry that has arisen from the country .It has not given anything worth mentioning to the world ,whereas USA has given us electricity ,aeroplanes ,nuclear power , Computers ,Internet and many more .in China the education is not research oriented .Mao has killed 2000 students who protested to have democracy in China ,which can only happen in China .Economically ,china's manufacturing industry has been a new world economic order of USA but has nothing to do with china .

China had implemented the one child policy for such a long time that the average age of china is above 60yrs so over the years it does not have youngsters to continue the development and aggressiveness in the market. On the other hand India has every chance of becoming number one only if the brain drain is stopped and enough measures are taken for continued development of the country and cleansing of the political atmosphere

See now a day’s economy is changing rapidly so it can't be number one or number two. What I visualize is there will be synchronization among world economies and i in my language call that as "BALANCE OF NUMBERS". There will be dramatic changes in consumer behavior and other aspects like contribution of an individual towards economy. With the current globalization scenario it will be a collaborative economy rather than number one or number two.