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21 July 2021

Why there is no solution to our age of crisis without China

For decades, the West has ignored the significance of China's rise – but we must recognise that it will be instrumental in all our futures

By Adam Tooze

In the summer of 2021 the Chinese Communist Party (CCP) is marking its centenary. It has much to celebrate. The most powerful communist party and by far the most powerful political organisation in the world, it has presided over the largest surge of economic growth ever witnessed. For both the West and China’s immediate neighbours, this unsettling and unexpected fact defines the early 21st century.

China’s rise has undone any assumption that social and economic progress naturally leads to liberalism. Hundreds of millions of people have been lifted out of poverty in 40 years by an authoritarian one-party regime, dedicated to what it calls “Marxism for the 21st century”.

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