While China is yet to establish itself as a great power, it is certainly one in the making, writes Saliem Fakir. On the strength of global demand for its cheap goods, the Asian giant's rise has enabled it to accumulate considerable surpluses from Western capital flows. Just as this rise has somewhat dispelled the idea of no-development-without-democracy, China's willingness to regard its trading partners' policies as internal matters marks a clear contrast with the conditionalities stipulated by Western countries and institutions. Though unlikely to entirely displace the influence of the West in the immediate future, China's own prioritising of economic reform over political liberalisation is proving increasingly influential in a changing world order, Fakir observes.