After years of subsidized, debt-driven growth and centrally directed economic policy, China is now mired in a slowing economy relying on massive exports to sustain stability. The nation faces growing debt problems, a faltering social safety net, failing productivity growth, and increasing foreign resistance to its heavily subsidized mercantilist model. Will China lapse into a Japan-like spiral of stagnation and financial instability? Does the United States now have an opportunity to push back