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Kim Jin-hyun — Should We Expect ‘Pax Asiatica’ to Arise?

Summary:
While the West is divided, with the US and the EU arguing with each other and suffering from internal crises, China and India are becoming world powers. What does it mean globally and locally? Should we expect any Asian country or Asia as a whole to become a new powerhouse? How to preserve security in the region and what Russia’s role in that could be? The world’s balance of power is slowly, but steadily moving towards Asia. While some countries like South Korea and Japan still depend on their Western allies, others, like China and India, are becoming independent players rivaling with the US. But the nature of these powers is different, Kim Jin-hyun, Chairman of the World Peace Forum, told valdaiclub.com on the margins of the Eastern Economic Forum in Vladivostok.... Valdai ClubShould

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While the West is divided, with the US and the EU arguing with each other and suffering from internal crises, China and India are becoming world powers. What does it mean globally and locally? Should we expect any Asian country or Asia as a whole to become a new powerhouse? How to preserve security in the region and what Russia’s role in that could be?
The world’s balance of power is slowly, but steadily moving towards Asia. While some countries like South Korea and Japan still depend on their Western allies, others, like China and India, are becoming independent players rivaling with the US. But the nature of these powers is different, Kim Jin-hyun, Chairman of the World Peace Forum, told valdaiclub.com on the margins of the Eastern Economic Forum in Vladivostok....
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Should We Expect ‘Pax Asiatica’ to Arise?
Kim Jin-hyun
Mike Norman
Mike Norman is an economist and veteran trader whose career has spanned over 30 years on Wall Street. He is a former member and trader on the CME, NYMEX, COMEX and NYFE and he managed money for one of the largest hedge funds and ran a prop trading desk for Credit Suisse.

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