CHINA Watch

In August 2015, global stock markets plummeted as China sneezed and the world screamed plague. Unsurprisingly, the country's economic might is a cause for both concern and celebration, as China's pivotal position in the new world order becomes apparent. Outside of financial markets, the heavy weight of China’s influence is beginning to show. 

In the Chinese historical context, this sinification is nothing new. Despite enduring centuries of foreign occupation - by Mongols, by Manchus, by westerners - the overall hegemony of Chinese culture remained unchanged. What changed were the practices and cultures of conquering forces. Today, we see this happening on a far larger scale. 

 

China is not only sinicising those within its geographical sphere of influence - once again demanding “tribute” from its neighbours and allies. Its influence is growing in the global community, influencing policy and investment decisions worldwide. It took a century of humiliation to wake the dragon, but now she shakes the world. 

 

This section interrogates topical discussion on China, the movement of markets within her borders and the shifting landscape of reform and change. Though it is, as yet, unclear whether the show will devolve into tragedy, the world continues to watch as China rises to stand on uncertain ground.

 

Why We Watch China

August 27, 2015