China’s hosting of the premier international forum for co-operation on global economic governance in picturesque Hangzhou this weekend is testimony to China’s newly acquired economic weight and influence.
The G20 member states, which include Australia, account for 86 per cent of the world economy, 78 per cent of global trade and two-thirds of the world’s population. Chinese leaders have learned from the demise of the Soviet Union, the last authoritarian state to contest global leadership with the US, that aspiring superpowers need to demonstrate economic strength commensurate with their global political and military reach.
Michael McLaren speaks with Professor Alan Dupont on 2GB
