in short: It is not that a certain country is better then the other. It is historically a fact that certain states, cities etc get their "golden ages" for a while and become more powerfull in regard to the rest of the world.
that goes in phases: grow, stagnation and downfall.
The article in the tread starter gives alot of facts of how much bigger and better China is supposed to be compared to America and then gives advice on what America must do.
But that is irrelevant, faults or no faults the economic prospherity always moves around through the world and no state has been able to hold on to it.
So the who is better then the other one discussion that the article aims to open, can not be seen as "academic" especially as it is written by a medical biologist who for some reason steps out of his field
and deems himself worthy to make economical, sociological and political judgements (who where already made 25 years ago or longer) in a rather sensational matter in an article that contains more air then content.