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WHEN CHINA RULES THE WORLD

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Presentation on theme: "WHEN CHINA RULES THE WORLD"— Presentation transcript:

1 WHEN CHINA RULES THE WORLD
MARTIN JACQUES International Week 2013, University of Alberta , Edmonton, 28 January 2013

2 Martin Jacques, When China Rules the World: the End of the Western World and the Rise of a New Global Order

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4 Share of Global Consumption
% Martin Jacques, When China Rules the World: the End of the Western World and the Rise of a New Global Order

5 Percentage share of total trade with China
Martin Jacques, When China Rules the World: the End of the Western World and the Rise of a New Global Order

6 China Development Bank and China Export-Import Bank gave loans of more than $110bn to other developing countries in 2009 and The equivalent institutions of the World Bank made loan commitments of $100.3bn. Martin Jacques, When China Rules the World: the End of the Western World and the Rise of a New Global Order

7 Percentage of China’s Total Trade in Renminbi
The renminbi currently accounts for 9% of China’s total trade. This compares with 0.25% for the first half of 2009, before policymakers launched the cross-border renminbi trade settlement scheme.

8 Martin Jacques, When China Rules the World: the End of the Western World and the Rise of a New Global Order

9 China’s share of global GDP in 2030
1820 1870 1913 1950 1973 2000 2010 2020 2030 South 70.3 53.1 42.1 39.5 39.9 43 52.4 60.5 66.9 Asian 56.5 36.1 22.2 15.3 15.8 29.2 40.9 49.1 58.2 developing China 33 17.1 8.8 4.6 4.6 11.8 20.7 28.9 33.4 India 16.1 12.2 7.5 4.2 3.1 5.2 8 12.2 18.6 Russia 5.4 7.5 8.5 9.6 9.4 2.1 2.4 2.7 3 Brazil 0.4 0.6 0.7 1.7 2.5 2.7 2.6 3.6 5.1 North 29.7 46.9 57.9 60.5 60.1 57 47.6 39.5 33.1 US 1.8 8.9 18.9 27.3 22.1 21.9 18.4 16.7 15.1 EU 23.3 32 35.8 27.1 27.1 21.5 18.1 15.7 13.1 Japan 3 2.3 2.6 3 7.8 7.2 5.4 4.4 3.2 China/US 18.3 1.9 0.5 0.2 0.2 0.5 1.1 1.7 2.2 Hu Angang Martin Jacques, When China Rules the World: the End of the Western World and the Rise of a New Global Order

10 (North America, EU, Japan) (China, developing world)
Martin Jacques, When China Rules the World: the End of the Western World and the Rise of a New Global Order

11 Share of Global GDP in 2030: Regional Breakdown
Other 2% Other asian developing 6% Japan 3% EU 13% China 34% US 15% Brazil 5% Russia 3% India 19% Martin Jacques, When China Rules the World: the End of the Western World and the Rise of a New Global Order

12 Boundary of the Qin Dynasty at its Greatest Extent, c. 206BC
Martin Jacques, When China Rules the World: the End of the Western World and the Rise of a New Global Order

13 Boundary of the Han Dynasty at its Greatest Extent, 141-87BC
Martin Jacques, When China Rules the World: the End of the Western World and the Rise of a New Global Order

14 Martin Jacques, When China Rules the World: the End of the Western World and the Rise of a New Global Order

15 Martin Jacques, When China Rules the World: the End of the Western World and the Rise of a New Global Order

16 Relatively or extremely satisfied with government
Martin Jacques, When China Rules the World: the End of the Western World and the Rise of a New Global Order

17 The Great Paradigm Shift: the Challenge Facing the West
“Since we got there first, we think we have the inside track on the modern condition, and our natural tendency is to universalize from our own experience… [He]has seen fit to characterize the West as the most provincial of all great contemporary civilizations. Never have Westerners had to take other peoples’ views of us really seriously. Nor, like the representatives of all other great cultures, have we been compelled to take fundamental stock of our own culture, deliberately dismantle large portions of it , and put it back together again in order to survive…” Paul A. Cohen Martin Jacques, When China Rules the World: the End of the Western World and the Rise of a New Global Order

18 Martin Jacques, When China Rules the World: the End of the Western World and the Rise of a New Global Order

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