China, Asia will rise, but not dominate the future

My Take

One of the more popular lines of thinking about the future is that Asia will dominate the world, this being a variant and accompaniment of the idea that China will dominate the world. Yet it’s become annoying for me to see this often repeated in the media, in books and by big business, since I’m a huge skeptic and strongly feel there’s a lot of hot air and wishful thinking behind those claims. It was good to see an article like this that says why Asia will not dominate this century. While it’s specifically about a debate at an Oxford alumni event in HK, the arguments made are sound and point to a very strong conclusion – Asia will rise, but it won’t dominate. Most arguments for why Asia or China will dominate center around numbers, as in quantity (size of national GDP, markets for products, growth etc), while not focusing…

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