“…49 Especially through the fostering of various regional initiatives, this seems to have defused at least some of the tension associated with power-transitions involving a state with China's potential. Further, China's export led growth strategy has surely helped: its Balance of Payment-surplus, trillion-dollar sovereign wealth fund, 50 and vast global FDI portfolio, 51 has arguably made China too economically important to let misgivings about their political system affect the willingness of states to recognize China. Indeed, this would be consistent with Neumayer, who 12 suggest that above a certain power threshold, ideological affinity ceases to influence patterns of status recognition.…”