We have already been accused of being too “bullish” [link no longer exists] on China and I admit I am generally optimistic about China and its potential.  But, of course, I do recognize China has its major risks, some of which are nicely laid out in a Foreign Policy article, entitled, “The Dark Side of China’s Rise.” It was written by Minxin Pei of the China Program at the Carnegie Endowment for International Peace and it is generating quite a bit of buzz in the blogosphere, as you can see in posts here, here [link no longer exists], here and here.  You can find additional work by Dr. Pei here.

We certainly appreciate the issues Dr. Pei raises, but based on what I see first hand and hear from our clients and you, our readers, we choose to remain optimistic.  For those interested in these sorts of big idea think pieces on China, we recommend you check out James Na, Daniel Drezner and Thomas Barnett, whose views range all over the China optimist-pessimist map.

Comments are open, we would love to hear your thoughts.  Are you bullish on China?

UPDATE:  Tyler Cowen at Marginal Revolution has a good discussion going on this article in a post entitled, “China Skepticism.