China Will Shake Up the World
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The world is being remade but the West is only very slowly waking up to this new reality. In 2027 Goldman Sachs estimates that the size of the Chinese economy will overtake America's and by 2050 will be twice as big.
But we still think of the rise of the developing countries and the relative decline of the developed nations in almost exclusively economic terms. China's rise is seen as having momentous economic implications but being of little political and cultural consequence. This is a profound mistake.
