Chinese President Xi Jinping seems to want to build a Pax Sinica, which would compete with – and even replace – the Pax Americana that has prevailed since the end of World War II. But realizing this vision will require China to overcome some daunting internal and external challenges.
SEOUL – For nearly a decade, Chinese President Xi Jinping has been promising to deliver “the great rejuvenation of the Chinese nation.” This promise – which he dubbed the China Dream – took a clearer form with the introduction of the two centenary goals: building a “moderately prosperous society” by 2021 (the centennial of the founding of the Communist Party of China, CPC) and becoming a “modern socialist country” by 2049 (100 years after the founding of the People’s Republic). Now, China is one centennial down – and, according to Xi, it has achieved its first goal. Is the China Dream within reach?
SEOUL – For nearly a decade, Chinese President Xi Jinping has been promising to deliver “the great rejuvenation of the Chinese nation.” This promise – which he dubbed the China Dream – took a clearer form with the introduction of the two centenary goals: building a “moderately prosperous society” by 2021 (the centennial of the founding of the Communist Party of China, CPC) and becoming a “modern socialist country” by 2049 (100 years after the founding of the People’s Republic). Now, China is one centennial down – and, according to Xi, it has achieved its first goal. Is the China Dream within reach?