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...China's recovery and growing economic importance have led some to suggest that global institutions such as the Group of Eight - the U.S., the U.K., Canada, France, Germany, Italy, Japan and Russia - are becoming obsolete; that the only dialogue that really matters going forward is the conversation between the "G-2": China and the U.S. On July 27, President Barack Obama appeared to acknowledge this when, addressing participants in high-level talks between the two countries, he said Washington's relationship with Beijing would "shape the 21st century." In recent months, Beijing has started to throw its weight around. China...

Author: /time Magazine | Title: Can China Save the World? | 8/10/2009 | See Source »

...roles of both the state and the extended family as social mechanisms in China differ from those in modern Western societies. All of this, Jacques argues, means that the 21st century will be one of "contested modernities." Until around 1970, he says, modernity was, with the exception of Japan, "an exclusively Western phenomenon." But as China assumes a bigger role in global economics and politics, that is changing. (See pictures of China's infrastructure boom...

Author: /time Magazine | Title: Into the Unknown | 8/10/2009 | See Source »

...Chinese society long before 1978, and had some of them taken a different course, our view of what China represents for the future would be unrecognizable from the standard text. (Just imagine what we would think if China had become a constitutional monarchy in the late Qing period. Impossible? Japan managed...

Author: /time Magazine | Title: Into the Unknown | 8/10/2009 | See Source »

...decades, Washington is going to have to play a demanding diplomatic game in which it maintains good relations with China, with India (Secretary of State Hillary Clinton's recent trip there was evidence of the importance the U.S. now attaches to New Delhi), and with its old ally Japan...

Author: /time Magazine | Title: Into the Unknown | 8/10/2009 | See Source »

...This will not be easy. Somehow, U.S. diplomats must help convince all three Asian nations that they can rise together, rather than descend into bitter rivalry. Japan will need special attention; its politics are becoming worryingly sclerotic, and it is beginning to feel overshadowed by China. Tokyo may soon need reassurance that Washington still takes the alliance seriously. But for all the difficulties ahead, the accompanying charts should give a glimmer of hope. The U.S. and the three Asian giants are becoming ever more closely interconnected - and not just economically. We have become familiar with the way in which trade...

Author: /time Magazine | Title: Into the Unknown | 8/10/2009 | See Source »

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