By Selwyn Duke

“We have to get used to being number two.” So said JPMorgan Chase CEO Jamie Dimon, talking about what many see as inevitable Chinese dominance. As to the timing, former World Bank vice-president Justin Lin Yifu believes Beijing is ahead of schedule.

“I’m pretty confident … China will surpass the US by 2030,” said Yifu, now a professor at Peking University and also an advisor to his government, earlier this week. And many believe the current economic war being waged on Russia by the West — whose own citizens will suffer consequences — is only accelerating this process.

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