I should just add that after 15 years of working for, and in, Mainland China, I am pretty confident that China will not be taking over the planet any time soon*, but China does represent a real threat to the Philippines, because the Government dare not show weakness in their position in the South China Sea.
* The curious may like to Google the current Mainland word "shanzhai". Shanzhai products, shanzhai banks, shanzhai political system...
