Romanas statements), what will be its effect on the global economy and the capitalist system?
JMS: The current GDP of China is reportedly already USD 3.251 trillion. But China is a huge country with a huge population of 1.33 billion. With a per capita income of only around US 2700, China is still a very poor country, a far cry from the US per capita income of USD 46,000 in 2007. China and the Philippines have per capita incomes of nearly USD 2500 and USD 1500, respectively in 2007. Both of them are still ranked below the more than 100 countries with higher per capita income and are among the poor countries of the world. 4. Do you believe that China will become a superpower, in terms of economic and political power, while it is said to be “refusing to deploy its army the world over” unlike what US imperialism has been doing? Or is China already a superpower? JMS: China has a weak economic base for becoming a superpower. Its military strength is limited to a defensive position. In fact, it is the object of military containment as well as economic engagement by the US. 5. How do y