Viper52 is right on most points, with the exception of " US domestic territories " that will force the USA to war.
In a 2001 US archive news report, the following was reported:
http://www.dawn.com/2001/08/30/top17.htmChina will emerge as a superpower in the next half-century, perhaps even within the next quarter-century.
This is the assessment of United States Deputy Defence Secretary Paul Wolfowitz, who says [color=red]Taiwan is at the core of the US-Sino relationship, and America is firmly committed to seeing the issue resolved without the use of force.
The question was whether the emerging China would live at peace with its neighbours, Mr Wolfowitz added, "or will it go the way of traditional power diplomacy, which I think in this era with these weapons would be a tragic mistake...I don't think China has to be a threat, but I think if we're complacent, then we could actually contribute to the opposite effect."
Mr Wolfowitz, in his interview, said the build-up of short-range missiles opposite Taiwan violated Beijing's pledge to resolve the standoff with the island peacefully, but he thought it was "terribly important that everybody behave sensibly and maturely and keep that situation a peaceful one, which it has been for quite a long time now."[/color]
In a 2002 US analysis of China in the next 25 years, the following was reported:http://english.peopledaily.com.cn/200210/06/eng20021006_104528.shtmlChina's Economic Growth Aids Global Development
6 October 2002
Experts predict if China can keep its economic growth rate at around 7 percent over the next twenty years, it will rank third in the world economic aggregate table behind the United States and Japan.Unfortunately, both China and USA see each other as political adversaries that will block each other's path to being a super-power:http://www.fas.org/news/china/1997/bmd970411h.htmCHINA: U.S. OBSTACLE TO SUPERPOWER STATUS
FOR IMMEDIATE RELEASE
April 8, 1997http://www.atimes.com/editor/CB17Ba01.htmlEditorials: ANALYSIS
Bush's lone military superpower vision
Part 2: The enemy is China
By Uwe Parpart
Editor, Asia Times Online
Part 1: Bush's lone military superpower vision
Part 3: The nature of future wars and US strategy
Today, China has about 1.2 billion people and a GDP of US$1 trillion growing at an annual rate of 7-8 percent. By 2025, its population will be 1.5 billion, its GDP in the $6 trillion-$7 trillion range (comparable to that of the US or the EU in the mid-1990s), and it will be able to avail itself of the most advanced technologies.
And the following scenario for future Taiwan crises is seen as possible, even likely: China decides to try to force Taiwan to accept reunification on Beijing's terms. Its first military step is a naval blockade of Taiwan. The United States sends ships to challenge the blockade. In response, the Chinese threaten missile attacks or hit American vessels, persuading Washington that it has to choose between going to war and pulling back. Hesitation in Washington or a decision to retreat prompts the collapse of the Taiwanese stock market, currency and economy. The Taiwanese establishment quickly accepts whatever deal Beijing is offering - and that isn't all. US failure to support its ally persuades other Asian powers that they, too, must accommodate the rising China. Japan makes a deal with Beijing for security and autonomy, in return agreeing to close all US bases. A reunified Korea, swept up by nationalist sentiment, also expels the Americans. China effectively dominates the entire region. "An Asia it dominates but does not conquer or occupy is China's goal," the study says.
However, although China has a growing economy that will help its advancement to be an economic powerhouse, it may not reach super-power status on the same terms as USA.
This is largely due to its population size that will tax the budget to ensure continued development that will benefit the lives of China's population.
Its corrupt government system at the lower levels will prevent economic wealth from reaching every corner of China, and it will need deeper reforms to its legal and financial system to take advantage of its entry into the World Trade Organisation, and bring its economy on par, so as to compete with the rest of the World.
China will need to relook at its Political System that embraces Communism, even as it moderate the Communist System of Central Planning with Capitalistic Methods in capitalising on Market Forces.
By revamping its political system to allow for broader changes to liberal creativity, enterprise and transparency in all aspects of economic and political activities, China's growth will be significantly deeper and broader.
This will allow for a bigger and more meaningful military budget that will capitalize on the technological growth and development in commerce and industries, which is largely brought into China by Foreign Investments.
China may yet be a super power that can match the USA, but it will depend on the will of its system to accept change.
Since the opening of its doors to the world in 1978, China has accumulated a National Reserve of over US$200 Billion, which makes it third in size after Japan.
Recommended interesting sites for general reading:
China: the Emerging Superpower by Major H.A. Hynes
http://www.fas.org/nuke/guide/china/doctrine/0046.htmConference of Defence Associations Institute
Second Annual Graduate Student Symposium 12-13 November 1999
CHINA'S SUPERPOWER CHALLENGE JOE VARNER Changes in China's Use of Forcehttp://www.cda-cdai.ca/symposia/1999/varner99.htmChina as the Next Superpower
Summary of Remarks by Dr. Harry Harding
Dean, Elliott School of International Affairs, George Washington University September 16, 1997
http://www.national-economists.org/summary2.htmAsian Super PowerCirca 1999
http://edition.cnn.com/SPECIALS/1999/china.50/