The complete title is: " When China Rules the World: The Rise of the Middle Kingdom and the End of the Western World".
This book was written by Martin Jacques, a British journalist and academic with extensive background in Asian civilizations.
I think that some of the primary premises of the book are:
China's economy is growing very quickly.
By 2027 (Based on Goldman Sach's BRICs and Beyond Study), China's total gross domestic product (GDP), will exceed that of the United States, and therefore be most economically dominant country in the world.
While many people in the western world expect China to become more democratic and western in its values, there are a number of reasons why this is not to be as pronounced as people expect.
China is a huge, virtually contiguous nation which has never had far flung colonial aspirations. China has a history as a country of over two thousand years. It is based on Confucian values, and they have a very long planning horizon. These factors are likely to make China a very different world power than those which we have seen in modern times.
Recent history (the past two hundred years or so) has been a period of humiliation with the loss of the Opium Wars (and resulting colonization of Hong Kong), suffering painful loses to the Japanese in World War II, and internal strife during the Cultural Revolution.
Since 1978, there has been a major focus on economic development. During this time per capita wages have increased dramatically (primarily in urban areas), and many people have migrated to the cities.
At first glance, the title of the book may be shocking. It does not be mean that China will rule the world in the political sense (any more than the US has). However, it will have a much bigger impact on politics, culture, and economics than it has in recent history.
The book is quite a tome; about 435 pages of primary comments and 100 pages of appendix, references, and index. This book could serve as the foundation of a college course on China. There are some annoyances in this book; primarily redundancies, typesetting artifacts (such as unnecessary hyphenations), and some very long compound sentences.
When (and if) you finish this book, you will undoubtedly feel like you have gained some insight about China's growing position in the world.