The US, Allies See Opportunity and Risk in China’s Slowing Economy

“The conventional wisdom seems to be flipping from a concern with the unstoppable rise of Chinese power to a worry about the irrevocable decline of China’s economy and population,” says Richard Fontaine, chief executive officer of the Center for a New American Security in Washington.

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“In key areas, Beijing remains powerful and ambitious: Its defense spending and military might continue to increase, its diplomacy is global, and it is party to economic arrangements that the United States is not,” says Fontaine of the Center for a New American Security. “Reports of its geopolitical demise are utterly premature."

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