One American view of China—now increasingly popular on the Left and the Right alike, especially among the hate-Trump crowd—is that the communist colossus will be forever ascendant, with continued astonishing levels of food production, ship construction, and industrial output. In this pessimistic view, China will soon replace America as the world’s predominant power. We are, supposedly, like an exhausted British Empire circa 1945, and China is the new version of the postwar American powerhouse.
Yet even Beijing’s miraculous 30-year leap out of poverty into first-world affluence and Westernized power is hardly the same as parity with the US. In truth, Trump held almost all the cards at the current summit and will do so again when Xi Jinping visits the US this autumn. According to nearly every historical measure of power, the US leads China by sizable margins—in wealth, economic output, fuel, food, and military strength.
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