China- The new SUPERPOWER

The global economic downturn, and efforts to reverse it, will probably make China an even stronger economic competitor than it was before the crisis.

"China has bittered all odds and has emerged as a super-power."

G7 Summit

The third largest economy of world has already become more assertive; now it is exploiting its unusual position as a country with piles of cash and a strong banking system, at a time when many countries have neither, to acquire natural resources and make new friends for fresh investments.

"China's leaders are turning economic crisis to competitive advantage"

Chinese PM, Wen Jiabao

The international economic slowdown is also doing some things that Chinese authorities had tried and failed to do for four years: slow inflation, reverse what had been an ever-growing dependence on exports and pop a real estate bubble before it could grow even bigger.

Seeing the same development and isolation of China, it is being speculated to surpass US by 2025.