The question is asking if China will fill the role that the US does in the world, a sort of global hegemon. China, in a historical sense and from what I gleam for the current leadership, does want a bigger say in the world, but has also been loathe to seek the same sort of global leadership that the US and the former USSR sought. In the end, the government and the people themselves are internally focused, and the Chinese government's expansion overseas is still tied to its interior development. China wouldn't be in Africa/Asia/Latin America and the United States if they didn't see them as pertinent to China's economic development.
I do not believe the China collapse theories, because these theories have all floundered. I remember when Gordon Chang boldly proclaimed the death of the Chinese financial system in 2006, and that has not flunked. As dumb as many CCP officials are, they've managed to stay two steps ahead of the game. Guess what China's predicted growth rate is for the next year (not the Chinese government's prediction, but Goldman Sach's).
The China collapse theory based on social unrest is more realistic, but the CCP also stays one step ahead of the game. For every idiotic blunder they do, there's a Zhu Rongji or a Wen Jiabao or a Bo Xilai to restore faith in a CCP leader. They have problems with corruption and inflation, but they have and still continue to be able to control it. Don't make the mistake of confusing China with North Africa.
I do not believe the China collapse theories, because these theories have all floundered. I remember when Gordon Chang boldly proclaimed the death of the Chinese financial system in 2006, and that has not flunked. As dumb as many CCP officials are, they've managed to stay two steps ahead of the game. Guess what China's predicted growth rate is for the next year (not the Chinese government's prediction, but Goldman Sach's).
The China collapse theory based on social unrest is more realistic, but the CCP also stays one step ahead of the game. For every idiotic blunder they do, there's a Zhu Rongji or a Wen Jiabao or a Bo Xilai to restore faith in a CCP leader. They have problems with corruption and inflation, but they have and still continue to be able to control it. Don't make the mistake of confusing China with North Africa.