The People’s Republic of China turned 60 this month. Celebrating its astonishing achievements in economic growth and poverty reduction is a country that has become an indispensable partner on the global economic and political scene. Already the international system is witnessing a systemic shift toward multipolarity, as changes in international institutions and the new US foreign policy stand to demonstrate.
Whether China and its current and upcoming leadership can manage the severe challenges lying ahead without arousing regional and global anxieties will be key to the preservation of peace and prosperity in our world.