George Soros: China Should Throw Us A Bone

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Don't say no, just say maybe.

Mr. Soros devoted much of his talk [at the Canadian International Council in Toronto] to China because the country's rapid rise is taking place at the exact same time that the U.S. is losing its global economic dominance. “There is a really remarkable, rapid shift of power and influence from the United States to China,” Mr. Soros said, likening the U.S.'s decline to that of the U.K. after the Second World War. Because global economic power is shifting, Mr. Soros said China needs to change its focus. “China has risen very rapidly by looking out for its own interests,” he said. “They have now got to accept responsibility for world order and the interests of other people as well.” [Globe and Mail]

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