Powerhouse China should not be a threat
March 01, 2006 THE rise of China as a great economic power and the new experiments with multilateralism in East Asia will pose a challenge for US policy. The US has to recognise that there are new forces at play in the region that will alter the traditional balance of power and that the East Asian financial crisis of 1997-98 profoundly altered Asian views of how the world works. There is now far more willingness to collaborate in the region than was the case before the 1997-98 crisis. Read the rest at The Australian.
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