What Asian Century?
It is almost taken for granted nowadays that this is to be the “Asian Century,” marking an irreversible political/economic shift in global power from West to East. But the Asian Century is a myth: we have entered the first Global Century, which is such a new phenomenon that we cling to old concepts in order to describe our emerging world.
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PARIS – It is almost taken for granted nowadays that this is to be the “Asian Century,” marking an irreversible political/economic shift in global power from West to East. China has replaced Germany as the world’s leading exporter, while South Korea’s Korean Electric recently outbid Electricité de France to build three nuclear reactors in Abu Dhabi.