The following article by Martin Jacques appeared in China Daily, 20th January 2018.
As momentous historic events go, China’s reform period was relatively unheralded. Little did anyone realize at the time – probably no one, in fact – that 1978 would enter the history books as one of the most important years in modern history.
We should not be surprised. At the time, the Chinese economy was a mere one-twentieth of the size of the US economy, with a per capita GDP roughly on a par with that of Zambia, lower than half of the Asian average and lower than two-thirds of the African average. China’s impact on the world was very limited, even in East Asia.
Although its growth rate had averaged a little more than 5 percent from 1960-1978, this compared rather unfavorably with economies like Japan and South Korea. For the majority of the world’s population, China was largely forgotten or ignored, usually both. Even in China, there was little anticipation that the country stood on the eve of a remarkable transformation. When chairman Mao had died in 1976, the country was relatively isolated. The “cultural revolution” (1966-76) continued to cast a long shadow, the leadership was divided, and Deng Xiaoping had only very recently begun to emerge as the country’s key leader. Notwithstanding the unquestioned achievements made since 1949, the future did not look particularly promising.
The following is an English translation of an article by Martin Jacques that appeared in People’s Daily, 9th January 2018
The 19th Chinese Communist Party Congress marked a new moment in China’s arrival on the global stage. Congresses of the Chinese Communist Party, even in the modern era, have invariably attracted little attention in the West. They have been regarded as neither particularly relevant nor important, rubber-stamp occasions that were difficult to understand or decipher and best left to the China experts. The 19th Congress broke the mould. It was widely reported and recognised in the West as an event of major global importance. Instead of treating the Congress as a somewhat bizarre tribal occasion, some of the coverage displayed a greater sense of seriousness and inquiry. It was widely acknowledged that this was one of the most important political events of 2017. The coverage was further evidence that China has moved to the centre of the global stage.
The following is an English translation of an article by Martin Jacques that appeared in the People’s Daily, 22nd December 2017.
At the end of 2017 uncertainty dominates the outlook for the future. As we can now see with great clarity, the Western financial crisis of 2007-8 proved the most important turning point in the West since 1945. For a decade, the Western economies have been mired in varying degrees of stagnation, not least with regard to living standards. And it was the Great Recession that begat the Great Populist Uprising in 2016. The latter signalled the end of the hegemony of neo-liberalism in the West, which began in 1980 with the arrival of Reagan and Thatcher and was characterised by hyper-globalisation, privatisation and a huge growth in inequality. The Uprising was driven by large swathes of the population in both the United States and Britain whose living standards had more or less stagnated for four decades. It was a popular revolt against the governing elites by those who felt left behind and who held these elites responsible for their deteriorating situation. Politically the new mood was articulated most clearly, though not solely, by the right, notably Trump in America and the Brexiteers in the UK.
The United States and China wrapped up two days of high level economic talks without any agreement. The two sides said they had what they described as a frank exchange, but failed to agree on major bilateral trade and economic issues. Martin Jacques provides gives his views in an interview for the international news broadcaster TRT World.
All eyes are on China’s two sessions, seeking clues about the future
Editor’s note: Each year in early March, China’s top legislature and political advisory body convene in Beijing for their annual meetings known as the two sessions. China Daily will present the highlights of the meetings, which run from March 3 to 15.
China’s big annual two sessions political meeting could be one of the most important in recent years, given the uncertain international backdrop, according to experts.
Some 5,000 participants from the National People’s Congress, China’s top legislature, and the National Committee of the Chinese People’s Political Consultative Conference (CPPCC), the country’s top political advisory body, will descend on Beijing for the event.