Because of China's annual growth being at a huge 10% per year for the last 30 years, it is not surprising that China can and most probably will surpass the US economy. The IMF has projected that China's economy will surpass America in the year 2016.
Here is an article showing the views of that in the video above.
http://www.guardian.co.uk/commentisfree/cifamerica/2011/apr/27/china-imf-economy-2016
Not only will China outstrip America in business terms, but this video shows us that it is coming quite apparent that China are now becoming able enough to outstrip America in military terms to.
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