To Stay Ahead of China, Stay Engaged in Asia

Despite the hype about the rise of China, current
power trends favor continued U.S. dominance.
National power has three main material components:
wealth, innovation, and military power. Over the last
twenty years, China has fallen further behind the
United States in all of these areas.

http://belfercenter.ksg.harvard.edu/files/beckley_policybrief-jan-2012.pdf