In a TIME Magazine piece out today, Asia Society Policy Institute President Kevin Rudd predicts what’s ahead for China’s economy, politics, and foreign policy in 2016.
On the Chinese economy, Rudd writes, “despite some breathless Western commentary, there will be no Chinese economic implosion in 2016,” and that increases in private consumption, domestic services, and IT will keep the country on track.
Regionally, Rudd contends that “the country is embarking on a new diplomatic offensive,” geared “to lower the regional temperature.” And that “China’s strategy is designed to challenge the underlying rationale for the U.S. to ‘rebalance’ to Asia.”
And globally, Rudd states that “within the existing multilateral system…China is likely to become increasingly forward-leaning, leaving behind Deng Xiaoping’s doctrine of ‘hide your strength, bide your time, never take the lead.'” Rudd posits that “the West, rather than attacking Chinese multilateral activism, might consider welcoming it.”
Rudd’s article is part of a spread in TIME’s December 28 issue on geopolitics and the year ahead. Other contributers include Eurasia Group President and ASPI Harold J. Newman Distinguished Fellow in Geopolitics Ian Bremmer, President and CEO of the International Rescue Committee David Miliband, Managing Director of the International Monetary Fund Christine Lagarde, CEO of 21st Century Fox James Murdoch, and Executive Chairman of Alphabet Inc. Eric Schmidt.
Source: Asia Society
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