Debate Unveils Diverse Opinions On US-China Power Shift
HONG KONG, 23rd September 2015 – China is the global economy’s most important source of growth. Under even the most conservative assumptions, China will overtake the US as the world’s largest economy sometime within the next 10 years. In a departure from Deng Xiaoping’s policy of “hiding our brightness,” Chinese President Xi Jinping has staked out bold claims for China’s territorial rights in the South China Sea, and shown a willingness to challenge US-dominance of global financial institutions with bold new initiatives such as the establishment of the Asia Infrastructure and Investment Bank.
An evening debate was held by Asia Society Hong Kong Center on Wednesday. Fred Hu Zuliu, the chairman and founder of Primavera Capital; Alan Murray, the editor of Fortune; Kevin Sneader, the Asia chairman of Mckinsey & Company; Zhang Baohui, Director of the Center for Asia Pacific Studies at Lingnan University and Clay Chandler, the Principal at The Barrenrock Group joined together and debated over the topic of "Whose century is it?". The hot debate brought new insights on the future of the global economy and the relations between the US and China.
The full-house event has concluded with follow-up questions from the floor, with different views expressed on the topic.
Video: Watch the complete program (1 hr.)