Does China's Olympic success augurs shift of superpower status?
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China has for the first time in history not only hosted Olympics but also won most number of gold medals. This used to be dominated by USA and the former Soviet Union.
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The breathtaking opening and closing ceremony along with the modern infrastructure has left every visitor and television views with awe. The world cannot ignore the pace with which China is shedding its developing stature to a fully developed country with a stable economy that is growing rapidly.
Apparently, with US economy in crisis, it’s not surprising for many that China is now ready to emerge as the new world superpower.
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