It seems that almost everyday we are confronted with new stories about a gathering storm in the Far East -- the rise of China. Widely perceived as both an economic and military threat, a debate rages over the proper response to this development.
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But amidst all the talk of China as a new hegemon I think we should stop to consider the enormous internal problems that Beijing is struggling with. A close reading of recent news stories reveals considerable dissent within the country. Farmers upset that their land is being unfairly confiscated are beaten by government-supported thugs. Peasants clash with police after demonstrating against surging levels of environmental pollution.
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It's not all roses on the economic front either. The country faces a Japan-style banking crisis to the tune of $500 billion. A $15 billion bail-out of its stock market is also being considered.
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This is not to suggest that China is not becoming a global economic and political force. But let's not lose sight that the country will continue to be occupied by sizeable domestic problems for the foreseeable future. It's full potential will never be realized until it shifts away from its current corrupt and autocratic government to democracy.
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As Jim Hoagland notes, we might well be better advised to keep our eyes fixed on India.
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