It won't come as a surprise to most Epoch Times readers to note that the long inescapable truism that China was about to emerge as the greatest economic power in the world has mercifully ceased.
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venerable observers will recall that practically the same thing was said
about Japan, until that country's tremendous economic advance hit the
wall about 30 years ago. Some will remember the condescension of
Japanese Prime Minister Kiichi Miyazawa to U.S. President George H.W.
Bush about American relative economic decline, when President Bush
visited Tokyo in 1992. ---More...
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