Global power doesn’t tend to be a peaceful transition though. If China does make a play to become the dominant force by then, it’s bad news for everyone living right now.
There are benefits China has that will go away as they transition, which could also cause them to stumble. No longer being considered a developing nation, any poverty will be 100% on them to fix, international agreements will expect them to contribute instead of receiving, emissions will be more heavily scrutinized. Other countries will not be a tolerant about the rampant IP theft and extreme protectionism of their domestic markets.
Global power doesn’t tend to be a peaceful transition though. If China does make a play to become the dominant force by then, it’s bad news for everyone living right now.
There are benefits China has that will go away as they transition, which could also cause them to stumble. No longer being considered a developing nation, any poverty will be 100% on them to fix, international agreements will expect them to contribute instead of receiving, emissions will be more heavily scrutinized. Other countries will not be a tolerant about the rampant IP theft and extreme protectionism of their domestic markets.