Once China Catches Up–What Then?
Lee Kuan Yew opining at Forbes:
Barring any major disruption, the speed at which China is growing in terms of total GDP will enable it to catch up to the U.S. by 2020. China will then go on to surpass America. …
I believe that during the next 30 years the Chinese will have no desire to enter into a conflict with the U.S. They know they will continue to grow stronger, but they are also aware of how far behind they are technologically. They require continued access to American schools so their students can learn how to reinvent themselves.
What is it that makes Americans so much more versatile and innovative? I believe the Chinese have come to the conclusion that the answer lies in the differing natures of the two societies. Innovation and creativity are a part of the American culture, a natural trait of an immigrant society. But China’s is a culture of conformism. It is a 4,000- to 5,000-year-old society, with a written script that’s as readable today as it was 4,000 years ago. That script binds the people to their history.
Yet despite these differences, it is inevitable that the balance of power in the Pacific will shift to the western side.
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Tags: china, forbes, lee kuan yew, united states, usa