China was a Regional Preeminent Power for Centuries, and it is Trying Again


Mark Beeson, UWA


East Asia Forum


 July 13, 2016


Most of us have never known a world where the United States was not the preeminent power. Now things are starting to look rather different. Not only is much of the global economy stuck in an underperforming rut, but there is also an alternative, seemingly more successful, model of economic development on offer in the so-called ‘Beijing consensus’. It is precisely this reality, and the hitherto impressive performance of the Chinese economy, that has led some to conclude that, as Martin Jacques puts it, China will ultimately ‘rule the world’.