The "China model" : expounding on American viewpoints

With the United States losing its S&P “Triple-A” badge, the Eurozone teetering on the abyss, and India just not delivering the goods despite outrageously positive press, pundits weighing up the odds for a Chinese century have all had an interesting year in which to dabble in speculation. By way of corroborating evidence, even the leader of China’s one-time great Eurasian benefactor, Dmitry Medvedev, weighed in; Medvedev was quoted in the party-state media back in June as acknowledging that Russia needed to emulate the Beijing’s economic-reform formulae.