Davos 2012: Who's afraid of China?

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Mention the topic in polite conversation, and chances are that you'll hear complaints about dumping cheap products, stealing jobs and grabbing resources.

If you talk to politicians and economists, you may hear complaints that China is keeping its currency undervalued. There are worries about the size of its foreign currency reserves - currently approaching a massive $4tn (£2.55bn).

So much economic power creates fear and hostility, especially in countries like the United States during an election year, warns Richard Levin, president of Yale University.

Those worries are only bound to increase.

http://www.bbc.co.uk/news/business-16745322