Commentary: Not a “Chinese Century,” but a less Westernized world

BEIJING, Jan. 1 (Xinhua) — As the world marches into 2015, the international landscape augurs just another year of what history wonks refer to as Pax Americana. A “Chinese Century” foreseen by Nobel laureate Joseph E. Stiglitz and many others has not begun.

Even if — a very big if given the notorious inaccuracy of economic estimates — China had overtaken the United States as the largest economy, over-interpretation — either exaltation or trepidation — would be unnecessary. As stirring as it might sound, the purported shift would just be a natural outcome of multiple interwoven realities.

First and foremost among them is the fact that China is a vast country blessed with a large, hard-working, peace-loving and creative population determined to make full and wise use of its enormous resources and potential to pursue a better life not only for its own but for the whole world.

Also of pivotal significance is a defining and irreversible trend of the times, namely the China-epitomized collective rise of the developing camp, whose members are unleashing their pent-up eagerness and energy for socioeconomic development after having underachieved for too long thanks in no small part to a stunting — and even forbidding — international environment.

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