Re: Fact Sheet on US-China "Trade Relationship"

Thank you for the data.

It seems to me that, in the light of these figures, China is today about
where Japan was in the 1960's.  In each case both countries followed the
classic pattern of a rising core: light consumer goods, consumer durables,
presumably followed by heavy industry & ultimately finance.  Whereas Japan
climbed up the ISI production cycle under US military domination, China
must & is creating its own military (which by itself produces an internal
industrial demand when/if the Chinese build their own military hardware
instead of buying it from the Russians).  Hence it is quite plausible for
me to imagine China & US going to war in this next cycle.  China would, in
this scenario, play the same role as Germany did in WWII, challenging the
declining hegemon (then Britain, now US).
        Since such wars are usually fought over the contradiction between
the juridical array of global authority vs the actual shifting economic
array, the likely issue would be the specific form of the WTO, and the
anti-US alliance could conceivably include Russia.
        Since, contra many, I believe that 1990 was the turning point from
a Kondratiev "B" phase into an "A" phase (via the computer revolution and
the collapse of the USSR), likewise an inter-hegemonic war is plausible as
they usually occur during "A" phases.  Maybe around 2005?

Cheers,
Peter