Moreover, the rising power, China, which is not a liberal democracy, is pursuing a model of state capitalism, and is free-riding on the current global system – on trade, exchange rates, climate change – rather than sharing in the provision of global public goods. And, while there is general unhappiness with the US dollar, the Chinese renminbi is still far from becoming a major global reserve currency, let alone the dominant one.
可是如今，美“帝国”相对衰落，财政负担过重。而中国这个崛起中的大国，不是自由民主政体，想搞国家资本主义，还是现行全球体系中的搭便车者，在贸易、汇率和气候变化问题上，不想分担提供全球公共品的责任。而且，虽然美元饱受非议，人民币还远远不是主要全球储备货币之一，更不用说主导性货币了。