Steve Forbes: China Taking Over Not Scary

Steve Forbes isn't nervous about China trending toward becoming the world's economic leader in a few years. He says all we need is another Ronald Reagan and we'll be just fine!

The International Monetary Fund (IMF) now predicts that the size of China’s economy will surpass America’s by 2016, far earlier than most mainstream economists have been forecasting. Some analysts ridiculed the Fund’s prediction, but others warned that it could happen even sooner.