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Asia's rise and the steady decline of the West

The region's greatest challenge will be how to manage China

| China
Soldiers stand before a giant screen as Xi Jinping speaks at the military parade in October 2019: the prospect of a world dominated by the Chinese Communist Party looms large.   © Reuters

Michael Vatikiotis is Asia director of the Centre for Humanitarian Dialogue and the author of "Blood and Silk: Power and Conflict in Modern Southeast Asia."

When the history of the 2020s is written, this past year may be regarded as marking the end of what has been loosely called the post-colonial era in Asia. The defining measures of this transition are the definitive shift in economic power from the former colonial powers in the West, toward the former colonies of the East, and an accompanying erosion of western geopolitical and moral influence.

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