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Sir David Bell, vice-chancellor, University of Reading, says: “Having recently visited the country, I read Martin Jacques’ When China Rules the World: The End of the Western World and the Birth of a New Global Order [Penguin, 2009]. He defies the conventional wisdom that China is on an inexorable path to ‘Westernisation’. Rather, the Middle Kingdom, with its enduring language, culture and values, will plot an alternative route to modernisation. As Jacques puts it, the ‘gravitational pull’ of China will have a profound impact on the West, and not the other way round.”
As part of the Town Hall of Cleveland speaker series, which is partially sponsored by Case Western Reserve University, acclaimed economist and author Martin Jacques spoke on Nov. 4 at the Playhouse Square’s Ohio Theatre. Local Clevelanders came as well as many students from the university to listen to Jacques’ speech titled, “When China Rules the World”.
Jacques is perhaps most known for his 2009 global bestselling novel, “When China Rules the World: The End of Western World and the Birth of a New Global Order,” which was well-received by political pundits and economists for its analysis of Chinese economy as well as the study of Chinese culture and how it relates to the workings of Chinese economy.
The lecture given at Ohio Theatre didn’t deviate much from Jacques’ novel, save for updated statistics, such as a new numbers that predicted that the Chinese economy would overpower the American economy by 2018 instead of 2027, which was previously predicted by Goldman Sachs in 2007. This new statistic created an audible gasp in the theater since the current prediction is more pressing, being only a few years away.
A panel of international experts applauded in Milan at a gathering Thursday China’s reform blueprint unveiled after the just ended 3rd Plenary Session of the 18th Central Committee of the Communist Party of China (CPC).
“China is moving ahead to make the country more efficient,” a concept that is “rooted in China’s civilization,” Alberto Bradanini, Italian ambassador to Beijing, said at the meeting.
“China moves very gradually, which is justified by the complexity of the country and the problems it has to deal with,” he said.
“The government will withdraw from its intervention in the market,” explained Ding Yifan, deputy director of the Institute of World Development under the State Council’s Development Research Center and vice chairman of the China Society of World Economics.
‘New Zealand’s future is Asian, above all Chinese‘ wrote Martin Jacques during his recent visit to New Zealand. Buttressing his case were what he saw as unique New Zealand attributes: its significant Maori and Polynesian cultures, the increasing numbers of Chinese Kiwis, New Zealand’s pure food and authentic tourism (it’s not for nothing that New Zealand’s tourism slogan is ‘100% Pure’), and its close political, economic and cultural connection with China.
Much of what Jacques said in New Zealand was not necessarily news. New Zealand’s population, as much as its economy, is reorienting to Asia. New Zealand, arguably, is much more aware of China’s rise and what it means for the world than is much of Europe, or even America. New Zealand’s officials and academics alike are spending hours analysing what China’s rise means for New Zealand.