A Sinopolar world

An economist and this newspaper’s columnist, Arvind Subramanian, has written a provocative book announcing the potential arrival of China as the world’s “dominant” economic power sooner than widely imagined. Eclipse: Living in the Shadow of China’s Economic Dominance (Peterson Institute of International Economics, 2011) warns a complacent West (a distracted India must also pay attention) that “Chinese economic dominance is more imminent and more broad-based – encompassing output, trade, and currency – than is currently recognised”.

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