The following is a quote from a new york times book review listed above.
In “When China Rules the World,” Martin Jacques, a columnist for The Guardian of London and a visiting scholar at the London School of Economics, argues that China will not just displace the United States as the major superpower. It will also marginalize the West in history and upend our core notions of what it means to be modern.
This bold assertion, he acknowledges, rests on the assumption that nothing will derail the political stability and economic dynamism China enjoys today. It is not clear that even the most senior leaders in Beijing share Jacques’s faith in that forecast. But the future is unknowable, and his extrapolations are, if not provable, at least plausible. The strength of his book lies in his exhaustive, incisive exploration of possibilities that many people have barely begun to contemplate about a future dominated by China.
Much of the journalism and many of the best-selling books on China treat the country’s rise as an economic phenomenon. It is presented as a developing country, albeit the biggest one, that has opened its doors to the West, allowed a Western-style market economy to flourish and exported goods to wealthy consumers abroad. Those things are true. But Jacques argues that the focus on the economic side of the story has lulled the West into a false sense of security. “The mainstream Western attitude has held that, in its fundamentals, the world will be relatively little changed by China’s rise,” he writes. Rather, he says, “the rise of China will change the world in the most profound ways.”
Unlike Britain, the United States or Germany at various times during the past 200 years, China is not emerging on the world stage as a new, powerful nation-state. It is, instead, as one Chinese writer put it, regaining “lost international status,” becoming the first ancient civilization to re-emerge and reclaim its position as a dominant power. end quote.
So, looking at China from this perspective we have a world power that has been going through a major 1 century shift away from Chinese dynastic Rule towards the Present communistic State Capitalistic system. However, no one should underestimate the sophistication of this ancient large civilization re-emerging on the world stage. It is not as simple as asking the question: "Will this be good or bad?"
Because with the emergence or re-emergence of any large nation the answer can only be both in its effects upon the whole world.
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