Results for world economy

For the last 40 years, China has implemented a national strategy that, despite its many twists and turns, has produced the economic and political juggernaut we see today. It would be reckless to assume, as many still do in the US, Europe, and elsewhere, that China’s transition to global preeminence will somehow simply implode, under the weight of the political and economic contradictions they believe to be inherent to the Chinese model. ...When China does become the world’s largest economy over the next decade, the current rule-based international order will not remain immune from this fundamental geo-economic and geopolitical change....To believe otherwise is willfully to ignore the deep changes that are now afoot. By Kevin Rudd