As the Chinese National People’s Congress met in Beijing this week, one announcement was the planned defense budget for 2016.

For those not paying close attention, China seems to have stayed on the path of economic reform for the past two decades...

Myth No. 1: China is well on its way to surpassing the U.S. economically. Reality: China is far from surpassing the U.S. and can do so only if helped by our failures.