Now for an alternative viewpoint

A few days ago we talked about how China may not be all it's cracked up to be. Here's a different opinion.

2008: The year a new superpower is born (The Independent)

Here comes the world's newest superpower. The rest of the world is gloomily contemplating economic slowdown and even recession. Not in Beijing. China is set to make 2008 the year it asserts its status as a global colossus by flexing frightening economic muscle on international markets, enjoying unprecedented levels of domestic consumption and showcasing itself to a watching world with a glittering £20bn Olympic Games.