China world economic core in 2016.

[Ashendant]

As China need more oil, American dollars poured into the Pentagon to better protect the safety of oil shiekdoms and the traquility of world maritime oil trade will increasingly secure China's access to cheap oil, greatly reduce China's military burden to protect its own oil trade routes, and allow China to devote bigger portions of its bigger economy to kick our ass in non-military ways.

This is one of the few cases where a military build up on the part of one competitor actually allows the other competitor to reduce arms expenditure.

That's the EU plan, let the americans pay for the army bill while we waste our cash on more productive crap.

BTW, I am not sure what the meaning of the phrase in the title "world economic core", is.

China may be the single largest economy amongst nation states, but the European Union would still be bigger overall, and proporational to respective economies, not only export more than China, but add much more value than chinese trade. The total value of goods and services traded around the Atlantic will still far exceed the total trade centered around China. It won't be for at least another 20 years before Chinese trade might rival translatic trade in the overall scheme of world economy

Eventhough a selected Chinese few industry might become world class by 2016, the overall Chinese economy, including all the shielded somestic sectors, although rapidly exiting the basic low valuing walmart goods catagory, would still be relatively inefficient and backwards compare to Europe, America and Japan, adding relatively little value for the value it consumes. Size not withstanding, it would be at least another 30-40 years before China can become a fully developed economy able to compete across the board with Europe, America, Japan, or even South Korea.

The CIA admitted that the EU is world biggest market( and it's absorbing other markets growing bigger)

Also china is trying to boost it's internal market and has been the negative for the first time since a long time