Many of the eight-member club, in particular Japan and the U.S., are pretending not to see the elephant in the room -and it is no secret that Japan enjoys its role as top dog in Asia. A Chinese dragon would make the top dog an underdog.
China would be better off outside the G-8, anyway. China cannot afford to cut emissions to levels set for developed economies. Besides, China is still a developing nation, with a meager per capita gross domestic product of US$2,700 in 2007, only one-fifteenth of America's, and one-sixth of Taiwan's.
Of course, joining the G-8 would boost China's international prestige. But this would make little practical sense for China because it is already a major player in the world arena-a permanent member of the U.N. and the host of the Olympics this month, for example.