China is on the verge of surpassing Germany as
the world’s third-largest economy. Meanwhile, the
United States is stuck on the sand because of
mismanagement by government and financial leaders.

China’s push praised and censured in Mauritius (International Herald Tribune)
Clinton could face uneasy return to Senate (International Herald Tribune)

“For what is happening is a huge shift of
economic gravity from West to East. Or,
if you take the extremely long view, a return
to global balance of 200 years ago, when
China and India between them accounted
for roughly half of the world’s economic activity.”

Quoted from Jonathan Gregson,
The Elephant and the Dragon (Global Finance)