China’s emergence has pushed back poverty in the planet’s most populous continent. But it is alos a challenge because it creates new ecological, economic and strategic equilibriums that must be managed. China herself will play an increasingly important role in setting up a new international economic order following the crisis because it will reinforce her relative position. David Milliband recently warned Europe against the birth of a G2 between Washington and Beijing unless he said, paradoxically for a British Foreign Secretary, Europe spoke with one voice.

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