For my country the imports from china have pased the imports from the us this year for the first time and chinas importance as a market is growing as well.
There is also th us struggeling with its finances wheras china is swimming in money, and in case anyone hasn't notices they are also on a spending spree buying up knowledge and technologies.
So economicly china could pass the us in the next few years (esspecially if the us keeps on destroing itself).