27 May 2013
Rome
A
few weeks ago, The Economist ran a
cover story with the title, “Let’s party like it’s 1793: Xi Jinping, the
Chinese dream and a return to greatness”. The cover depicted Xi Jinping, the
newly installed Chinese President and Secretary of the Chinese Communist Party,
clad in a Qing mantle emblazoned with the symbols of modern Chinese
power—skyscrapers, airliners, high-speed trains, motorways, fighter jets,
warships. Even the country’s sole, recently acquired aircraft carrier made it
on to the hem.
The
image recalled the great Qianlong emperor who, in 1793, thought his country
strong enough to spurn a British delegation that sought to open China to
European trade. It was also designed to capture the national mood of renewed self-confidence
Jinping, China’s latest “emperor”, has sought to project in calling his
countrymen to realize an ambiguous “Chinese dream”. Only now in 2013 is China
returning to the central position in the world economy it lost in the
nineteenth century.
China’s
last imperial dynasty, the Qing seized the Chinese throne in 1644. When Lord
Macartney, the leader of the British delegation, arrived in Peking, they were
at the height of their power, a treaty with Russia and a series of campaigns
against the Central Asian tribes having extended China’s frontier thousands of miles
into the heart of Eurasia. With perhaps a third of global GDP, China’s economy
was by far the world’s biggest. As ruler of such a vast empire, it’s no wonder
Qianlong felt entitled to turn down the overtures of tiny, distant Britain.
But
it was a fateful mistake. For what the British couldn’t get through diplomacy,
they came back thirty years later to take by force, the Opium Wars handing
Britain a leading hand in China for the rest of the century. In 1911, impoverished
and politically discredited, the Qing were overthrown in a revolution that ushered
in the half-century of turmoil that would leave government in the hands of Mao
and the Chinese Communist Party. By 1960, China was wretchedly poor, left
behind in a fast modernizing world.
Seen
from Brussels, modern China’s growth rates are today an object of envy. But the
country’s (in Chinese terms) recent past also contains salutary lessons for the European
Union. At the beginning of the twenty-first century, Europe is what China was
at the start of the nineteenth—the world’s largest economy, as well as its
biggest exporter and source of FDI. And, like the Qing Empire in 1793,
today’s EU has never been bigger, enlargements in 1995, 2004 and 2007
having taken its borders far from its original Western European core. Croatia
is set to join. Yet a distinctive, late Qing rot has already set in, symbolized
above all in the euro crisis and the recession gripping much of the continent.
Today, the
EU is China’s most important trading partner: China relies on the EU to sustain
its modernization much as an industrializing Europe did on China during the
nineteenth century. Of course, it’s hard to imagine Beijing taking advantage of
the EU’s present atrophy the same way European governments once did China’s. But
unless Europe returns to prosperity, the Qing’s plummet from the commanding
heights of the world economy and their empire’s transformation into a plaything
in the hands of newer, leaner and more dynamic powers foreshadows the declining
global influence that awaits a Europe merely marking time. Alarmed by China’s
return to greatness, Japan’s Shinzo Abe is presently engaged in trying to waken
his country from its own late Qing slumber. Would Europe’s leaders were similarly
roused.
No comments:
Post a Comment
Got a comment? Please leave it.