Paul Krugman opens this NYT Op-Ed piece with the following statement:
Op-Ed Columnist - Chinese New Year - NYTimes.com
"It’s the season when pundits traditionally make predictions about the year ahead. Mine concerns international economics: I predict that 2010 will be the year of China. And not in a good way."
In my post below, "China: Copenhagen Spoiler or Keen Strategist?", China is investing aggressively toward a Low Carbon Economy.
Question: Should the West be willing to cede economic/trade leadership to China if it's "profits" were to continue to be directed toward environmental protection and climate change mitigation?
Comments welcomed...
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