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Asia’s place in a new world order

The world economy has turned the corner, at least for the immediate term. A global economic meltdown has been narrowly averted and major economies are studying how and when to wind down their emergency and other stimulus measures. Some major economies are growing again, with the bigger Asian economies leading the way. However, it is clear in the aftermath of the global financial crisis that a major adjustment to the global economic architecture is underway. Read more

Signs Of A New World Order–China Speaks, EU Listens

NEW YORK–It’s as if the school principal spoke to a classroom of unruly kids. With euro-zone leaders bickering over a solution to Greece’s debt crisis, the vice governor of the People’s Bank of China, Zhu Min, gave them a stern talking to. Read more

China’s premier called for a new economic world order

This year the Chinese foreign minister is one of the main participants at the Munich Security Conference, last year China’s premier called for a new economic world order at the World Economic Forum in Davos. Do you think Beijing has deliberately decided that it should use the forum of those big conferences for agenda-setting purposes?

It has outlined ist global agenda before. Hu Jintao delivered a speech to the UN General Assembly where he outlined what China believes to be the future of the world, the so-called harmonious world. So for some time now China has begun to make its own contributions on how the world should look in the future. It is trying to make a more cooperative and constructive contribution.

Read more from The Deutsche Welle

India is an enormous power in the new world order

India is an enormous power in the new world order. It is Australia’s fourth-largest export market, our second-largest source of foreign students. We earn about $14 billion a year in education exports. And it is a central player in the geo-strategic equations of Asia and increasingly of the whole world. Read more

Dystopia emerged as a way to criticize the impossibility of the utopia

“You cannot have utopia in a society where you have humans because there is always somebody greedy, somebody who is immoral, who wants to dominate the world,” says University of Calgary English professor Ruby Ramraj. “Utopia is an idea, an imagined place, and really I don’t think you can find utopia on earth ever, no matter how many idealists we have, how many visionaries we have.” Read more

World leaders tackle the seemingly intractable problems of ushering in a new world order

Inside the National Prayer Breakfast – Clinton repeatedly addressed the importance of prayer and faith as world leaders tackle the seemingly intractable problems of ushering in a new world order where the oppressed, especially women and girls, appear to be losing ground in terms of respect, justice, and equality.  Speaking very sincerely, almost to the point of tears at times, Sec. Clinton quoted Methodist stalwart John Wesley: “Do all the good you can, to all the people you can, in all the ways you can.” Read more

China mildly rejected the idea of American-Chinese joint management of the world

During Obama’s visit to Beijing last year, China mildly rejected the idea of American-Chinese joint management of the world that is popular with the Obama team. It does not matter what was said during the visit. The real reasons are important: Washington still believes that “joint management” means that it will play first fiddle and China only second. China will wait for America to get rid of this illusion, which shouldn’t take very long. Read more

This is why China will not bury America

Meanwhile, China’s “golden moment” is slipping away, and fast: 2010 will mark the apogee of its working population’s size in relation to its pool of dependents (kids and retirees). Thanks to its one-child policy, China has shrunken its demographic inputs for the last 30 years, while the share of its elderly population held steady. But from here on out, far more elders will be disgorged from the working-age cohort than those replaced on the front end, meaning China’s worker-to-dependent ratio will fall — and keep falling through at least mid-century. By 2050, China will have more retirees than America will have people. As far as unfunded mandates go, that’s one King Kong-sized monster.

More generally, understand that China’s emerging economy is just coming upon its greatest stress test, otherwise known as the shift from extensive to intensive growth. When it comes to catching up to advanced economies by copying their well-worn developmental pathways, single-party states can — under the right conditions — most definitely outperform sloppy democracies.

Read more from the World Politics Review

China’s tough tone causing concern among western leaders

A spokesman for the Chinese Embassy in Washington said China’s tone had not changed.

“China’s positions on issues like arms sales to Taiwan and Tibet have been consistent and clear,” Wang Baodong said, “as these issues bear on sovereignty and territorial integrity, which are closely related to Chinese core national interests.” Read more

World leaders find LUV for new world order

The buzzword here is interconnected, but differentiated. While all the blocs are aware that they are interlinked in a way that the global recession proved, they aren’t all in the same boat, or even in the same ocean. For instance, a key theme was the great shift East of global power, and ‘rebalancing’ the global economy — mainly pushing China to revalue its currency, and the prevalent Western view that China’s high savings rate and huge reserves were a key driver for the global crisis — a point the French President Nicolas Sarkozy hammered home. Read more