Participating in a discussion on "The Decline of America", authors Edward Luce, Frank Savage, Ian Buruma and Peter Hessler were of the view that China would not be acceptable to anyone as the leading power.
"No one wants it to be the next power, so it won't be," remarked Buruma, adding no one from the US to nations in Asia to other neighbours in East Asia was interested in seeing China wield the kind of influence that comes with being the sole superpower.
This argument was supported by Luce who said there was no world hegemon waiting in the wings.
"China cannot be a replacement to the US which always has the ability to make alliances. In fact, there is no hegemon waiting in the wings to take over," he said.
Peter Hessler, who spent seven years in China reporting for the New Yorker, said "while China looks very impressive when one goes on short-term visits, those who have spent some time there recognise that it is no alternative to the US. There are many weaknesses in society."
In fact, Hessler said, the Chinese were "aware about their weaknesses" and understand that they have not yet addressed all the issues that would enable them to become a truly global power.
"The Chinese are very well aware of the weaknesses in their country. The US may be in a tough situation but China has tougher issues to solve," he said. MORE