Based on resources in terms of human capital...I would say yes. But I am not convinced of this in the short term. China has the largest population in the world. But they have incredibly poor reporting, that is frankly not trusted by the capital markets. There is still way too much of a top down central planning approach in that region, which will cause price distortions and asset bubbles. If they embrace a true free market system, I would expect so.
The other aspect it that to date, they have relied more on copying the creativity of the west, rather than develop their own innovation. A very smart engineer told me several years ago something that stuck with me. He said..."If you bring a problem to a Chinese engineer, he will look it up in the text book and fix it. If the answer is not in the text book, he is stumped. The Western Engineer will just rewrite the textbook" They won't lead the world until they start writing the textbooks.