I agree with Alababi's ideas about the 1%, connections, and real estate, and also think Vietnam and China are comparable both socio-economically and politically.
To rank these countries based on current 'power' or economic projections is a bit odd. Asian countries' demographic situations; political, economic, and legal systems; levels of industrialization and interconnectedness with the global economy (and the consequent bell jar effects:
http://www.thepowerofthepoor.com/concepts/c2.php); developing welfare states; environmental situations; progress with respect to 'democratization' (with respect to civil rights and how much influence citizens have on public officials); and the overall transparency (
http://www.imf.org/external/np/speeches/2005/012705.htm) of the above factors are in such a state of flux that (a) nobody really knows enough to rank these countries objectively and purely based on reality and (b) future projections become outdated almost as quickly as computers do.
For example, who among us knows with any degree of certainty what the effects of Japan's aging population will have on Japan, the region, and the world? Who knows how the coming election in the Philippines will affect it?
When I was in China in 2004-5, I thought the imbalances and inefficiencies of China's development were such that a major collapse within ten years would not be a surprise. Later, I discovered Michael Pettis' blog (
http://www.mpettis.com/) on China's financial markets and have noticed that he thinks the same way I do, but with an economist's jargon. If I only looked at skylines, infrastructure, and the rich Chinese I saw and met when my rich friends took me out, I'd be convinced that China is the richest and greatest country on earth.