Irwin Stelzer on China's economic power; Martin Jacques on US-China fault line; Mark Steyn says nope

Irwin Stelzer, in a Weekly Standard article mostly about problems in the Euro-economies, here, adds this thought about China as a rising economic power:

"Which brings us to China, clearly a rising economic power. But there is an emerging view that the Chinese will grow old before they grow rich, such is the age distribution of the population."

Is this true? I don't know enough about the demographics to say, but it is thought-provoking.

(Update, Sunday, June 19, 2005: Martin Jacques in the Guardian, here, on why the US-China fault line will define global patterns of conflict in coming decades. Mark Steyn on why China won't, here.)