05_never_again
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In that area, sure. But the way some people talk about China is like they are afraid they are going to dice us up to pieces while sleeping comfortably in our beds at night.I wouldn't call them a paper tiger, they can still mass an Army the size we have never seen before and are not afraid to use human waves. They don't have the capability to deploy that Army very far but it's formidable in that area.
China has a banking and internal financial system that is in horrible shape, horrible demographics, and they have the export-driven economy they do only via the global system the United States created after WWII and still maintains today.