Back in the early 1980s, when the Japanese economy was on a roll, the number of books, journal and media articles extolling its strength and impact became almost a weekly staple of publication that the late Dr. Hadi Soesastro remarked at a CSIS Jakarta seminar “I’m going to commit suicide if another speaker is going talk again about the virtues of Japanese economic model.”
It is with the same sense of measured reluctance that I read through China’s Rise by Gary Schmitt, China Megatrends by John Naisbitt and When China Rules the World by Martin Jacques. All this after scanning through The Beijing Consensus by Stephen Halper and, tellingly, during China’s current troubles facing devastating floods, landslides, acute rural and urban problems and lowered pace of economic growth.