China seen overtaking US as global superpower

100840117-160975955r.240x160A majority of people across the globe believes China will eventually eclipse the United States as the world’s leading economy, a new survey released on Thursday showed, although America is still widely seen as holding on to the top spot for now.

Since the 2008 financial crisis, perceptions of the economic power balance have changed, the report published by the Pew Research Center revealed. Some of America’s closest allies now feel China is moving ahead.

“Throughout much of Europe, the prevailing view is that China will ultimately eclipse the U.S. as the leading superpower. And this is the majority or plurality view in five of the seven Latin American nations polled,” said analysts led by founding director of the Pew Research Center, Andrew Kohut.

“This trend has been especially apparent among some of America’s closest allies in Western Europe. Today, for example, 53 percent in Britain say China is the leading economy; just 33 percent name the U.S.” said Kohut.

Roughly 6 in 10 Germans also back the view that China occupies the top position, while only 19 percent think the U.S. is the global economic leader.

The Chinese are also confident of their ascent to global economic power, with two-thirds believing their country has already or someday will replace the U.S. as the world’s superpower.

“Some 47 percent say China has or will replace the U.S., and 47 percent say this will never happen. American opinion has shifted significantly since 2008, when only 36 percent said China would become the top global power and 54 percent believed it would never replace the U.S,” he said.

However, despite this shifting perception of power, America’s image as a positive and liberty-respecting nation remains strong. Across the countries surveyed a median of 70 percent say the American government respects the personal freedoms of its people. In contrast, few believe the Chinese government respects the freedom of its citizens.

“One of the major challenges for China’s global image is that few believe the Chinese government respects the personal freedoms of its people. In only 11 countries in the survey do at least half hold this view. In contrast, majorities or pluralities in 37 of 39 nations believe the American government respects the individual freedoms of its citizens,” said Kohut.

 

 

 

Source : CNBC | July 18, 2013

Advertisements

About thomasdinnocenzi

Thomas D'Innocenzi is a highly accomplished, results-focused senior international executive with extensive experience in global sourcing and market development worldwide to meet evolving business needs. Tom has proven ability in implementing and managing profitable global sourcing operations worldwide. Extensive experience in international market development operations to accommodate rapid growth. Skilled in building top-performing teams, benchmarking performance, and restricting organizations to improve efficiency, productivity, and profitability. Experienced transition leader and change agent. As principal of Nova Advisors, LLC I’ve assembled an exemplary team that brings with them the knowledge and experience gained from starting up a Global Sourcing program with multiple Fortune 500 companies as well as the largest supplier network throughout the Asia-Pacific region. We have experience and expertise in more than a thousand medical and pharmaceutical products in manufacturing and sourcing at the best value. The right product, the right price point and the right branding fueled these successes that resulted in double-digit growth for top line sales and bottom line net margins for our customers. What sets us apart: • Our reach includes a large network of suppliers & manufacturers spanning 13 countries in Asia-Pacific region • We understand the manufacturing process and the business of the supplier and the buyer • Our company culture is based on quality assurance and our process is based on local quality control Our commitment is to be your partner offering the best products and services at the lowest cost. Contact me to discuss how we can make the global marketplace work for you. thomas@novaadvisors.com In addition, I am open to discussing opportunities in global sourcing, international marketing & sales, logistics and medical/pharma in Thailand, Vietnam, Malaysia, Philippines & Japan. Aside from my work I enjoy piano, astronomy, physics, and assisting my daughters with their studies. SPECIALTIES: Global Sourcing, Supply Chain Management, Business Development, Marketing, Logistics, Global Networking, Market Development, Healthcare Solutions, Pharmaceuticals, Medical Devices, Technology, Asia, Southeast Asia, US and Canada
This entry was posted in Business, Economy, Global Sourcing and tagged , , , , , , . Bookmark the permalink.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s