Chapter 7

The Importance of Understanding China and Its Place in the World

China is the first country since the end of the Cold War with the ingenuity, scale and global exposure to shape the world in its image.

Mark Leonard1

A turbulent history has taught Chinese leaders that not every problem has a solution and that too great an emphasis on total mastery over specific events could upset the harmony of the universe.

Henry Kissinger2

Introduction

No country has influenced the direction of global political and economic affairs in the past decade as much as China, and no country is poised to do so in this decade—and this century—as much as China. Whether it is the future price of commodities, the trade balance of a multitude of the world’s countries, ...

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