To borrow a line from the nuns in that old musical, how do you solve a problem like China?
It isn’t a will o’ the wisp that’ll go away; it isn’t a clown, though it might think the rest of us are. It is a worry for the world and a headache for India.
The Economist, which is now a weekly must-read for trend analysts everywhere, ran a special survey recently on ‘The Dangers of a Rising China’. Several Asia-watchers have written volumes full of anxiety. One by Martin Jacques, titled ‘When China Rules the World’, declares in its subtitle: The End of the Western World and the Birth of a New Global Order. China’s influence, says Jacques, will extend well beyond the economic sphere. It will have social, cultural and political repercussions.