Jessica Tuchman Mathews
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}Source: Getty
Can China Replace the West?
Without doubt, Asia’s economic ascent has been extraordinary, but Westernization—the spread of the West’s influence and values—has rested on much more than its wealth and the military power derived from it.
Source: New York Review of Books
Gideon Rachman’s Easternization, his new survey of a transformed Asia, admirably does what so little writing on foreign affairs attempts. It treats with equal facility economics, geopolitics, security, enough history for needed background, official thinking, and public attitudes. Rachman, chief foreign affairs columnist for the Financial Times, has an eye for the telling statistic and for the memorable detail that makes it stick. He packs an enormous amount of information into a short book and opens windows of understanding for nonexperts onto this immensely important three fifths of humanity. And while not directly concerned with the new American administration, the story he tells shows well why Donald Trump’s foreign policies could end so badly for the United States and for the world.
But Rachman does not, in the end, make a convincing case for the book’s thesis—embodied in its one-word title. The central issue, he writes, is “how the rise in Asian economic power is changing world politics.” His momentous answer is that “the West’s centuries-long domination of world affairs,” stretching back to 1500, “is now coming to a close.” Without doubt, Asia’s economic ascent has been extraordinary, but Westernization—the spread of the West’s influence and values—has rested on much more than its wealth and the military power derived from it. Those other elements—including open governments, readiness to build institutions, and contributions to others’ security and growth—are weak or absent in Asia today. Easternization is neither here nor coming soon....
This article will be published in the New York Review of Books May 11 edition.
About the Author
Distinguished Fellow
Mathews is a distinguished fellow at the Carnegie Endowment for International Peace. She served as Carnegie’s president for 18 years.
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Jessica Tuchman Mathews
Recent Work
Carnegie does not take institutional positions on public policy issues; the views represented herein are those of the author(s) and do not necessarily reflect the views of Carnegie, its staff, or its trustees.
More Work from Carnegie China
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The Plaza Accord was not an externally imposed punishment of Japan but part of a broader restructuring that Japanese economists and policymakers themselves recognized was necessary. Its effects were undermined, however, when Tokyo responded to the resulting slowdown with policies that exacerbated investment, credit expansion, and the very imbalances the adjustment was intended to resolve.
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The nuclear relationship between China and the United States is increasingly shaped by widening perception gaps rather than deliberate strategic design.
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China’s banking crisis in the 2000s was resolved by transferring the costs to households through financial repression—a decision that recapitalized the banks while exacerbating the structural imbalances that continue to shape the Chinese economy today.
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Chinese biotech companies have been on the receiving end of U.S. economic coercion. Yet their responses have differed significantly because firm and state interests are not uniformly aligned. For Washington, treating all Chinese tech firms the same, irrespective of their actual interests, risks pushing them farther into Beijing’s corner.
Xue Gong
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