PDF -
China is beginning to rival it. It has a growing GDP, and since it's currency isn't pegged against the dollar, it allows for a very low valuation on their currency - ergo, more can get done for their dollar, including military builds.
If I was to make a list of emerging/potential superpowers, it would go:
US
China
EU (3rd from a military standpoint, 2nd from an economic)
India
Brazil
Russia
ASEAN
Really, it comes down to what they're doing to emerge as an economic superpower, and if their military is competent.
Back from the dead, I'm afraid.







