Steven Mufson and John Pomfret have an article in the Washington Post about how China seems to be doing everything right and leaving the USA behind:
With the American economy struggling and the political system in gridlock, there is one thing everyone in Washington seems to agree on: The Chinese do it better.
Cyberspace? China has an army of hackers ready to read your most intimate e-mails and spy on corporations and super-secret government agencies. (Just ask Google.) Education? China is churning out engineers almost as fast as it's making toys. Military prowess? China is catching up, so quickly that it is about to deploy an anti-ship ballistic missile that could make life on a U.S. aircraft carrier a perilous affair. The economy? China has gone from cheap-clothing-maker to America’s banker. Governance? At least they can build a high-speed train. And energy? Look out, Red China is going green!