Dragon nightmares

Economist

Here is a quick way to spoil a Brussels dinner party. Simply suggest that world governance is slipping away from the G20, G7, G8 or other bodies in which Europeans may hog up to half the seats. Then propose, with gloomy relish, that the future belongs to the G2: newly fashionable jargon for a putative body formed by China and America.

The fear of irrelevance haunts Euro-types, for all their public boasting about Europe’s future might. The thought that the European Union might not greatly interest China is especially painful.
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