A split between the U.S. and its TRADITIONAL allies, if it becomes a permanent feature of the new global order, would lead to deeper fragmentation AMONG the WORLD's market-oriented democracies. That will surely shift the LONG-TERM balance of power in CHINA's favor, as it moves steadily toward becoming the world's largest economy.

Author - Michael Spence

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A split between the U.S. and its TRADITIONAL allies if it becomes a permanent feature of the new global order would lead to deeper fragmentation AMONG the WORLDs market-oriented democracies. That will surely shift the LONG-TERM balance of power in CHINAs favor as it moves steadily toward becoming the worlds largest economy.
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