IMHO it is the only way forward... China has the drive and it has the people... Why can it not emulate the success of Japan and South Korea... Slowly but surely the "IRON GRIP" as per say is being broken down and the capitalist influx is reigning supreme.... though China's leaders hold onto the hope of a "market socialist" economy as there new generation comes to the floor there is a thirst for the "western life"... China will industrialise FULLY and when it does we will see the new world super power... America's time is at its end... I am probably wrong but i believe power is largely dominated by people and CHINA HAS PEOPLE wanting what the "west" has....
