China in 2020 : A New Type of Superpower

The rapid pace and grand scale of Chinas rise have produced a heady mixture of wonder and consternation in the West. Is China on track to become a superpower? What would that mean for the rest of the world? Economist Hu Angang approaches these questions through analysis of three major dimensions of Chinas rise: its overall economic and social development; advances in education, science, and technology (including alternative energy); and the likely complications posed by resource scarcity, environmental degradation, and climate change.After three decades of unprecedented economic growth, China is now home to the worlds second-largest economy. It is the worlds largest exporter and its second-largest consumer of energy (as well as number one in carbon emissions). Extrapolating from these seismic changes, Hu forecasts that by 2020 China will become a ""mature, responsible, and attractive superpower"" that will contribute, alongside the European Union, to the ""end of the unipolar era dominated by the United

States.""China in 2020 presents a native Chinese perspective on the challenges and opportunities that Beijing will face as its global footprint expands. Through a meticulous examination of Chinas development trajectory, Hu Angang explains how his nationÂ-as the worlds largest emerging marketÂ-will impact global economic growth, foreign direct investment flows, energy consumption, and carbon dioxide emissions. He proposes a comprehensive strategic framework to guide the next stage of Chinas rise, seeking to maximize the countrys positive impact on the world and minimize the negative externalities of its meteoric development. [Publisher's text]