I don't think it's going far enough. There are several hundreds variables completely separating China and the USSR and Japan from a blanket comparison.
I would like to hope that they hit the breaks in the same way that Japan did, and there's certainly plenty of evidence that it's possible. However, if their model remains viable and they continue growing at the same rate, they'll certainly eclipse us in political and economic influence in 10-20 years at most - potentially technologically as well. I'm not sure that's even a disputable claim - it should be self evident. The question is if we'll suddenly outperform or if they'll hit a stumbling block, which remains to be seen.
I would like to hope that they hit the breaks in the same way that Japan did, and there's certainly plenty of evidence that it's possible. However, if their model remains viable and they continue growing at the same rate, they'll certainly eclipse us in political and economic influence in 10-20 years at most - potentially technologically as well. I'm not sure that's even a disputable claim - it should be self evident. The question is if we'll suddenly outperform or if they'll hit a stumbling block, which remains to be seen.