Chinese leaders and their surrogates in the United States have been working hard this political season to calm American concerns about the rise of China. But predictions of China’s impending “implosion” are just that — predictions. And many of them come from people who consciously want to deflect the attention of the American electorate from the real issue: as the United States becomes increasingly dependent on Chinese finance, it is rapidly losing its economic sovereignty. Worse, it is falling under the shadow of a nation — China — whose values are about as remote as those of any major modern nation. As it happens, two YouTube videos have just been released that underline the extent of America’s failure to understand the real China. We can only hope Barack Obama and Mitt Romney have time to take a look ahead of their encounter tonight, in which they are expected to spend much time discussing China.
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