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Home > News > Seminar in LSE: 'The Power Shift to the East: The 'American Century' Is Ending'

January 15th, 2008

Seminar in LSE: 'The Power Shift to the East: The 'American Century' Is Ending'

Abstract:
The world economic landscape is rapidly changing and a very different world is emerging. There seems to be satisfactory evidence for a great and rapid shift of wealth and power to China and India. The transfer of power from the West to the East is gathering pace since the late 1990s, and Washington think-tanks have been publishing thick white papers charting Asia's, and China's in particular, rapid progress in microelectronics, nanotech, and aerospace, and printing gloomy scenarios about what it means for America's global leadership. By the year 2020, the U.S. National Intelligence Council (NIC) predicts, China will be an economic powerhouse, vying with the United States for global supremacy.

Source:
turkishweekly.net

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