For A New Bipolarity: China and Russia vs. America |
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| Authors: | YAN XUETONG |
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| Institution: | Professor at Tsinghua University, has emerged as one of the most important Chinese foreign‐policy thinkers as the Middle Kingdom emerges again as a key player on the world stage. The publication of his book, Ancient Chinese Thought, Modern Chinese Power, is considered a manifesto of the Chinese “neo‐con” perspective. This essay first appeared in 2011 in the Global Times, the officially sanctioned “global mouthpiece” of China's state‐Party. |
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| Abstract: | A great historical transition is underway from American‐led Globalization 1.0 to Globalization 2.0—the interdependence of plural identities where no one power or alliance of powers dominates. The G‐20 is floundering as the immediate global financial crisis has receded. The United Nations and the old Bretton Woods institutions—the IMF, the World Bank and the WTO—have lost their vigor and are struggling to adjust to the global powershift with the rise of the emerging economies. While Europe is paralyzed as the historic project of integration stalls, the world's two largest economies—the United States and China—are as yet unable to figure out how to share power. The danger now is that the geopolitical vacuum will invite assertions of national self‐interest that will unravel the rules‐based order that enabled stability and prosperity over recent decades. America's leading geopolitical strategist, China's most outspoken strategic thinker and one of Asia's leading global thinkers from Singapore offer their reflections on this state of affairs. |
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