First published: Director, 01/10/2010
There is a strong conviction that we are all bystanders in an inevitable and world-changing shift in the structure of global power. The long-awaited decline of the West now seems to be in full swing. When President Barack Obama visited his opposite number, Hu Jintao, in Beijing in November 2009, many observers were struck by the symbolism of a battered and highly indebted US going to meet the leader of America’s main geopolitical rival, and its most important creditor……
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