July 4, 2013

China IS the Asian Century

Zachary Keck, The Diplomat

AP Photo

It is often said that this will be the Asian Century. Indeed, there is good reason to think that it will be; according to a 2010 International Monetary Fund report, Asia will account for over 40 percent of global GDP by 2030. But in reality it is not so much Asia's Century as China’s. This is not because China will be the only large economy if rosy projections of Asia’s rise come to pass, but rather because whether these projections come to pass at all will largely depend on China. Indeed, China could upend (or facilitate) the Asian Century in at least two crucial ways.

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TAGGED: Asia, China


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