With all of the discussion of late about China and the Flat (or Not so flat) World, it is worthy to note that not all are looking forward to a "one world," Particularly, many are afraid of China.
This issue has come to a head of late with the attempted takeover of Chevron.
It is into this environment where NY Times runs their article on US-China business relations. I had to laugh at the description of a Wal-Mart with a military.
It should also be noted that contrary to the view that economists are pessimistic, the economists have the positive outlook!
Who's Afraid of China Inc.? - New York Times: "China is both an engine of economic globalization and an emerging military power. In symbolic shorthand, it is Wal-Mart with an army.
The two sides aren't neatly divided. But those who focus on economics tend to see partnership, cooperation and reasons for optimism despite tensions, while security experts are more pessimistic and anticipate strategic conflict as the likely future for two political systems that are so different."