The obvious step to take would be for China to break the peg to the dollar, which would effectively begin another chapter in monetary history.

FORBES: Fiat Money Never Stays Golden Forever

Chapter 4 explores the economic implications of a large Chinese middle class, both for China and for the world.

FORBES: What Is The Chinese Dream?

Certainly it would be an exciting new chapter in the smartphone wars, but at least one report suggests stepped up competition in the China market not going to unfold just yet.

FORBES: Waiting for Apple's China Play