China and the American dream

Obama’s re-election highlights something that China struggles to compete with: soft power.
The US's fiscal cliff dwellers

China may be just a few years away from becoming the world’s leading economic power, and America’s strategic centrality may be on the wane (certainly, no one speaks of the United States today as the world’s ‘hyperpower’). But the US still makes people dream, and its emotional hold on the world remains unique.

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