In an interview with President Bush done by Bob Costas on NBC:
COSTAS: This past week, you restated America’s fundamental differences with China. But given China’s growing strength, and America’s own problems, realistically, how much leverage does the U.S. have here?
BUSH: First of all, I don’t see America having problems. I see America as a nation that is a world leader that has got great values.
Video of it over at Think Progress.