China is not about to take over the world

The 18th Party Congress is about to usher in a fresh set of Chinese leaders, but our readers don’t expect much to change.
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Xi Jinping, China's president-in-waiting, is not expected to be a reformer
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<div style="text-align: left;"> Xi Jinping, China's president-in-waiting, is not expected to be a reformer </div>

My three-year-old nephew sent me a birthday greeting in Mandarin recently. He lives in a picture-postcard Yorkshire village, 6,000 miles from China, but is clearly positioning himself to exploit the country’s inevitable economic rise.

I doubt he sees it quite like that, to be honest, but his parents do. Indeed, it almost goes without saying in the West these days that China will soon take over as the dominant superpower on the planet. By then, we’ll all be speaking Chinese, driving solar-powered BYD cars and using Weibo to tell our friends about the latest kung-fu blockbuster.

But will we really After 12 years in Hong Kong, it...

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