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CSA SPEAKER BULLETIN ASIA

Powerplay
Across
the Pacific

Kishore Mahbubani is a senior global relations
advisor and Professor in the practice of public
policy at the National University of Singapore.
He is highly respected both in the academic
and global diplomatic community, having had
a distinguished political career.

In Prof. Mahbubani’s latest                   economic: that China has undermined       China’s political system will have to
    book ‘Has the West Lost It?: A            the US economy by pursuing                evolve with its social and economic
    Provocation’ he argues passionately       unfair trade practices, demanding         conditions. And, in many respects, it
 that the West no longer can presume          technology transfers, stealing            has evolved significantly, becoming
 to impose its ideology on the world,         intellectual property, and imposing       much more open than it once was. In
 and, crucially, that it must stop seeking    non-tariff barriers that impede           1980 for instance no Chinese were
 to intervene politically and militarily, in  access to Chinese markets. The            allowed to travel overseas as private
 the affairs of other nations.                other current is political: that China’s  tourists. Last year, roughly 134 million
                                              successful economic development           traveled overseas and back.
 Below is a short summary from a              has not been accompanied by the
 recent article by Kishore Mahbubani,         liberal democratic reform Western         From an economic perspective the
 where he talks about the challenge           governments, and particularly the         United States could work with China
 to America’s dominance and the fact          United States, had expected; and that     to formulate a long term economic
 that China need not be the threat it         China has become too aggressive in        strategy rather than creating tariffs.
 might at first appear to be.                 its dealing with other nations.           China is keen to deploy its $3
                                                                                        trillion reserves to invest more in the
 Within about fifteen years, China’s          In American eyes, the contest             United States. America should also
 economy will surpass America’s               between America’s and China’s             consider participating in China’s
 and become the largest in the                political systems is one between a        Belt and Road Initiative, the Chinese
 world. As this moment approaches,            democracy, where the people freely        governmental program launched in
 meanwhile, a consensus has formed            choose their government and enjoy         2013 to strengthen regional economic
 in Washington that China poses a             freedom of speech and of religion,        cooperation in Asia, Europe, and
 significant threat to American interests     and an autocracy, where the people        Africa through massive investments in
 and well-being. Two main currents            have no such freedoms.                    infrastructure.
 are driving these concerns. One is

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