How much do you think it costs to make a pair of Nike shoes in Asia?

We need to anticipate a future where China is equal to America on a per capita basis, but four times bigger. Is that a world where “Designed by Apple in California, Made in China” still makes sense? What will be America’s competitive edge in that scenario?

What seems most likely to me in the future is that the US will find itself in the same position the UK is in now. Dominating finance and services won’t mean anything when both the IP and the physical products are being produced somewhere else.

This is a nice way to put it.

Anticipate a world within your life time where China is the dominant economic, technological, military and cultural super power.

Anticipate jealousy, anticipate fear, but know that as Americans who have been top dog for decades there is nothing wrong with not being the best.

Additionally anticipate a changing world view less focused on the view that freedom and democracy as the only possible way to lead and anticipate that despite the fact that China is a communist country and centrally controlled they don't want conflict and they don't want total war.

China and the US are not perfect. The US needs to accept this fact and it needs to accept that another is about to take it's place as the top dog.

My impression is that Chinese culture has very little appeal elsewhere (at least in the West). They can't seem to be able to (or care to) package it in an appealing way. Sure, they're being catered to in films and video games but I see very little organic interest in Chinese culture, especially compared to Japanese or Korean culture.