0:00:00.000,0:00:02.000 The world is changing 0:00:02.000,0:00:05.000 with really remarkable speed. 0:00:05.000,0:00:07.000 If you look at the chart at the top here, 0:00:07.000,0:00:09.000 you'll see that in 2025, 0:00:09.000,0:00:11.000 these Goldman Sachs projections 0:00:11.000,0:00:13.000 suggest that the Chinese economy 0:00:13.000,0:00:16.000 will be almost the same size as the American economy. 0:00:16.000,0:00:19.000 And if you look at the chart 0:00:19.000,0:00:21.000 for 2050, 0:00:21.000,0:00:24.000 it's projected that the Chinese economy 0:00:24.000,0:00:27.000 will be twice the size of the American economy, 0:00:27.000,0:00:29.000 and the Indian economy will be almost the same size 0:00:29.000,0:00:32.000 as the American economy. 0:00:32.000,0:00:34.000 And we should bear in mind here 0:00:34.000,0:00:36.000 that these projections were drawn up 0:00:36.000,0:00:39.000 before the Western financial crisis. 0:00:39.000,0:00:41.000 A couple of weeks ago, 0:00:41.000,0:00:43.000 I was looking at the latest projection 0:00:43.000,0:00:45.000 by BNP Paribas 0:00:45.000,0:00:48.000 for when China 0:00:48.000,0:00:50.000 will have a larger economy 0:00:50.000,0:00:52.000 than the United States. 0:00:52.000,0:00:56.000 Goldman Sachs projected 2027. 0:00:56.000,0:00:59.000 The post-crisis projection 0:00:59.000,0:01:02.000 is 2020. 0:01:02.000,0:01:04.000 That's just a decade away. 0:01:04.000,0:01:08.000 China is going to change the world 0:01:08.000,0:01:11.000 in two fundamental respects. 0:01:11.000,0:01:13.000 First of all, 0:01:13.000,0:01:15.000 it's a huge developing country 0:01:15.000,0:01:19.000 with a population of 1.3 billion people, 0:01:19.000,0:01:22.000 which has been growing for over 30 years 0:01:22.000,0:01:24.000 at around 10 percent a year. 0:01:24.000,0:01:26.000 And within a decade, 0:01:26.000,0:01:30.000 it will have the largest economy in the world. 0:01:30.000,0:01:33.000 Never before in the modern era 0:01:33.000,0:01:36.000 has the largest economy in the world 0:01:36.000,0:01:38.000 been that of a developing country, 0:01:38.000,0:01:41.000 rather than a developed country. 0:01:42.000,0:01:44.000 Secondly, 0:01:44.000,0:01:46.000 for the first time in the modern era, 0:01:46.000,0:01:48.000 the dominant country in the world -- 0:01:48.000,0:01:51.000 which I think is what China will become -- 0:01:51.000,0:01:54.000 will be not from the West 0:01:54.000,0:01:58.000 and from very, very different civilizational roots. 0:01:58.000,0:02:02.000 Now, I know it's a widespread assumption in the West 0:02:02.000,0:02:05.000 that as countries modernize, 0:02:05.000,0:02:07.000 they also westernize. 0:02:07.000,0:02:09.000 This is an illusion. 0:02:09.000,0:02:11.000 It's an assumption that modernity 0:02:11.000,0:02:14.000 is a product simply of competition, markets and technology. 0:02:14.000,0:02:16.000 It is not. It is also shaped equally 0:02:16.000,0:02:18.000 by history and culture. 0:02:18.000,0:02:21.000 China is not like the West, 0:02:21.000,0:02:24.000 and it will not become like the West. 0:02:24.000,0:02:26.000 It will remain in very fundamental respects 0:02:26.000,0:02:28.000 very different. 0:02:28.000,0:02:31.000 Now the big question here is obviously, 0:02:31.000,0:02:33.000 how do we make sense of China? 0:02:33.000,0:02:35.000 How do we try to understand what China is? 0:02:35.000,0:02:38.000 And the problem we have in the West at the moment, by and large, 0:02:38.000,0:02:40.000 is that the conventional approach 0:02:40.000,0:02:42.000 is that we understand it really in Western terms, 0:02:42.000,0:02:45.000 using Western ideas. 0:02:45.000,0:02:47.000 We can't. 0:02:47.000,0:02:49.000 Now I want to offer you 0:02:49.000,0:02:51.000 three building blocks 0:02:51.000,0:02:54.000 for trying to understand what China is like, 0:02:54.000,0:02:56.000 just as a beginning. 0:02:56.000,0:02:58.000 The first is this: 0:02:58.000,0:03:01.000 that China is not really a nation-state. 0:03:01.000,0:03:03.000 Okay, it's called itself a nation-state 0:03:03.000,0:03:05.000 for the last hundred years, 0:03:05.000,0:03:07.000 but everyone who knows anything about China 0:03:07.000,0:03:09.000 knows it's a lot older than this. 0:03:09.000,0:03:12.000 This was what China looked like with the victory of the Qin Dynasty 0:03:12.000,0:03:15.000 in 221 B.C. at the end of the warring-state period -- 0:03:15.000,0:03:17.000 the birth of modern China. 0:03:17.000,0:03:20.000 And you can see it against the boundaries of modern China. 0:03:20.000,0:03:22.000 Or immediately afterward, the Han Dynasty, 0:03:22.000,0:03:24.000 still 2,000 years ago. 0:03:24.000,0:03:26.000 And you can see already it occupies 0:03:26.000,0:03:28.000 most of what we now know as Eastern China, 0:03:28.000,0:03:31.000 which is where the vast majority of Chinese lived then 0:03:31.000,0:03:33.000 and live now. 0:03:33.000,0:03:35.000 Now what is extraordinary about this 0:03:35.000,0:03:38.000 is, what gives China its sense of being China, 0:03:38.000,0:03:41.000 what gives the Chinese 0:03:41.000,0:03:44.000 the sense of what it is to be Chinese, 0:03:44.000,0:03:46.000 comes not from the last hundred years, 0:03:46.000,0:03:48.000 not from the nation-state period, 0:03:48.000,0:03:51.000 which is what happened in the West, 0:03:51.000,0:03:53.000 but from the period, if you like, 0:03:53.000,0:03:55.000 of the civilization-state. 0:03:55.000,0:03:58.000 I'm thinking here, for example, 0:03:58.000,0:04:01.000 of customs like ancestral worship, 0:04:01.000,0:04:04.000 of a very distinctive notion of the state, 0:04:04.000,0:04:07.000 likewise, a very distinctive notion of the family, 0:04:07.000,0:04:09.000 social relationships like guanxi, 0:04:09.000,0:04:11.000 Confucian values and so on. 0:04:11.000,0:04:13.000 These are all things that come 0:04:13.000,0:04:16.000 from the period of the civilization-state. 0:04:16.000,0:04:19.000 In other words, China, unlike the Western states and most countries in the world, 0:04:19.000,0:04:22.000 is shaped by its sense of civilization, 0:04:22.000,0:04:24.000 its existence as a civilization-state, 0:04:24.000,0:04:26.000 rather than as a nation-state. 0:04:26.000,0:04:29.000 And there's one other thing to add to this, and that is this: 0:04:29.000,0:04:31.000 Of course we know China's big, huge, 0:04:31.000,0:04:34.000 demographically and geographically, 0:04:34.000,0:04:37.000 with a population of 1.3 billion people. 0:04:37.000,0:04:40.000 What we often aren't really aware of 0:04:40.000,0:04:42.000 is the fact 0:04:42.000,0:04:44.000 that China is extremely diverse 0:04:44.000,0:04:46.000 and very pluralistic, 0:04:46.000,0:04:48.000 and in many ways very decentralized. 0:04:48.000,0:04:51.000 You can't run a place on this scale simply from Beijing, 0:04:51.000,0:04:54.000 even though we think this to be the case. 0:04:54.000,0:04:57.000 It's never been the case. 0:04:58.000,0:05:00.000 So this is China, a civilization-state, 0:05:00.000,0:05:02.000 rather than a nation-state. 0:05:02.000,0:05:04.000 And what does it mean? 0:05:04.000,0:05:06.000 Well, I think it has all sorts of profound implications. 0:05:06.000,0:05:08.000 I'll give you two quick ones. 0:05:08.000,0:05:10.000 The first is that 0:05:10.000,0:05:14.000 the most important political value for the Chinese 0:05:14.000,0:05:16.000 is unity, 0:05:16.000,0:05:18.000 is the maintenance 0:05:18.000,0:05:20.000 of Chinese civilization. 0:05:20.000,0:05:23.000 You know, 2,000 years ago, Europe: 0:05:23.000,0:05:26.000 breakdown -- the fragmentation of the Holy Roman Empire. 0:05:26.000,0:05:29.000 It divided, and it's remained divided ever since. 0:05:29.000,0:05:31.000 China, over the same time period, 0:05:31.000,0:05:33.000 went in exactly the opposite direction, 0:05:33.000,0:05:36.000 very painfully holding this huge civilization, 0:05:36.000,0:05:39.000 civilization-state, together. 0:05:39.000,0:05:41.000 The second 0:05:41.000,0:05:43.000 is maybe more prosaic, 0:05:43.000,0:05:45.000 which is Hong Kong. 0:05:45.000,0:05:48.000 Do you remember the handover of Hong Kong 0:05:48.000,0:05:50.000 by Britain to China in 1997? 0:05:50.000,0:05:52.000 You may remember 0:05:52.000,0:05:54.000 what the Chinese constitutional proposition was. 0:05:54.000,0:05:56.000 One country, two systems. 0:05:56.000,0:05:58.000 And I'll lay a wager 0:05:58.000,0:06:00.000 that barely anyone in the West believed them. 0:06:00.000,0:06:02.000 "Window dressing. 0:06:02.000,0:06:04.000 When China gets its hands on Hong Kong, 0:06:04.000,0:06:06.000 that won't be the case." 0:06:06.000,0:06:08.000 Thirteen years on, 0:06:08.000,0:06:10.000 the political and legal system in Hong Kong 0:06:10.000,0:06:13.000 is as different now as it was in 1997. 0:06:13.000,0:06:16.000 We were wrong. Why were we wrong? 0:06:16.000,0:06:19.000 We were wrong because we thought, naturally enough, 0:06:19.000,0:06:21.000 in nation-state ways. 0:06:21.000,0:06:23.000 Think of German unification, 1990. 0:06:23.000,0:06:25.000 What happened? 0:06:25.000,0:06:27.000 Well, basically the East was swallowed by the West. 0:06:27.000,0:06:29.000 One nation, one system. 0:06:29.000,0:06:32.000 That is the nation-state mentality. 0:06:32.000,0:06:35.000 But you can't run a country like China, 0:06:35.000,0:06:37.000 a civilization-state, 0:06:37.000,0:06:40.000 on the basis of one civilization, one system. 0:06:40.000,0:06:42.000 It doesn't work. 0:06:42.000,0:06:45.000 So actually the response of China 0:06:45.000,0:06:47.000 to the question of Hong Kong -- 0:06:47.000,0:06:49.000 as it will be to the question of Taiwan -- 0:06:49.000,0:06:51.000 was a natural response: 0:06:51.000,0:06:54.000 one civilization, many systems. 0:06:54.000,0:06:56.000 Let me offer you another building block 0:06:56.000,0:06:58.000 to try and understand China -- 0:06:58.000,0:07:01.000 maybe not sort of a comfortable one. 0:07:01.000,0:07:03.000 The Chinese have a very, very different 0:07:03.000,0:07:05.000 conception of race 0:07:05.000,0:07:08.000 to most other countries. 0:07:08.000,0:07:10.000 Do you know, 0:07:10.000,0:07:13.000 of the 1.3 billion Chinese, 0:07:13.000,0:07:15.000 over 90 percent of them 0:07:15.000,0:07:18.000 think they belong to the same race, 0:07:18.000,0:07:20.000 the Han? 0:07:20.000,0:07:22.000 Now, this is completely different 0:07:22.000,0:07:25.000 from the world's [other] most populous countries. 0:07:25.000,0:07:27.000 India, the United States, 0:07:27.000,0:07:30.000 Indonesia, Brazil -- 0:07:30.000,0:07:33.000 all of them are multiracial. 0:07:33.000,0:07:36.000 The Chinese don't feel like that. 0:07:36.000,0:07:38.000 China is only multiracial 0:07:38.000,0:07:41.000 really at the margins. 0:07:41.000,0:07:43.000 So the question is, why? 0:07:43.000,0:07:45.000 Well the reason, I think, essentially 0:07:45.000,0:07:48.000 is, again, back to the civilization-state. 0:07:48.000,0:07:51.000 A history of at least 2,000 years, 0:07:51.000,0:07:53.000 a history of conquest, occupation, 0:07:53.000,0:07:55.000 absorption, assimilation and so on, 0:07:55.000,0:07:57.000 led to the process by which, 0:07:57.000,0:08:00.000 over time, this notion of the Han emerged -- 0:08:00.000,0:08:02.000 of course, nurtured 0:08:02.000,0:08:05.000 by a growing and very powerful sense 0:08:05.000,0:08:08.000 of cultural identity. 0:08:08.000,0:08:11.000 Now the great advantage of this historical experience 0:08:11.000,0:08:15.000 has been that, without the Han, 0:08:15.000,0:08:17.000 China could never have held together. 0:08:17.000,0:08:20.000 The Han identity has been the cement 0:08:20.000,0:08:23.000 which has held this country together. 0:08:23.000,0:08:25.000 The great disadvantage of it 0:08:25.000,0:08:27.000 is that the Han have a very weak conception 0:08:27.000,0:08:29.000 of cultural difference. 0:08:29.000,0:08:32.000 They really believe 0:08:32.000,0:08:34.000 in their own superiority, 0:08:34.000,0:08:36.000 and they are disrespectful 0:08:36.000,0:08:38.000 of those who are not. 0:08:38.000,0:08:40.000 Hence their attitude, for example, 0:08:40.000,0:08:43.000 to the Uyghurs and to the Tibetans. 0:08:44.000,0:08:46.000 Or let me give you my third building block, 0:08:46.000,0:08:48.000 the Chinese state. 0:08:48.000,0:08:50.000 Now the relationship 0:08:50.000,0:08:53.000 between the state and society in China 0:08:53.000,0:08:56.000 is very different from that in the West. 0:08:57.000,0:08:59.000 Now we in the West 0:08:59.000,0:09:01.000 overwhelmingly seem to think -- in these days at least -- 0:09:01.000,0:09:05.000 that the authority and legitimacy of the state 0:09:05.000,0:09:08.000 is a function of democracy. 0:09:08.000,0:09:10.000 The problem with this proposition 0:09:10.000,0:09:14.000 is that the Chinese state 0:09:14.000,0:09:16.000 enjoys more legitimacy 0:09:16.000,0:09:18.000 and more authority 0:09:18.000,0:09:21.000 amongst the Chinese 0:09:21.000,0:09:23.000 than is true 0:09:23.000,0:09:26.000 with any Western state. 0:09:27.000,0:09:29.000 And the reason for this 0:09:29.000,0:09:31.000 is because -- 0:09:31.000,0:09:33.000 well, there are two reasons, I think. 0:09:33.000,0:09:35.000 And it's obviously got nothing to do with democracy, 0:09:35.000,0:09:38.000 because in our terms the Chinese certainly don't have a democracy. 0:09:38.000,0:09:40.000 And the reason for this is, 0:09:40.000,0:09:43.000 firstly, because the state in China 0:09:43.000,0:09:46.000 is given a very special -- 0:09:46.000,0:09:48.000 it enjoys a very special significance 0:09:48.000,0:09:50.000 as the representative, 0:09:50.000,0:09:53.000 the embodiment and the guardian 0:09:53.000,0:09:55.000 of Chinese civilization, 0:09:55.000,0:09:58.000 of the civilization-state. 0:09:58.000,0:10:00.000 This is as close as China gets 0:10:00.000,0:10:03.000 to a kind of spiritual role. 0:10:04.000,0:10:06.000 And the second reason is because, 0:10:06.000,0:10:08.000 whereas in Europe 0:10:08.000,0:10:10.000 and North America, 0:10:10.000,0:10:13.000 the state's power is continuously challenged -- 0:10:13.000,0:10:15.000 I mean in the European tradition, 0:10:15.000,0:10:17.000 historically against the church, 0:10:17.000,0:10:19.000 against other sectors of the aristocracy, 0:10:19.000,0:10:21.000 against merchants and so on -- 0:10:21.000,0:10:23.000 for 1,000 years, 0:10:23.000,0:10:25.000 the power of the Chinese state 0:10:25.000,0:10:27.000 has not been challenged. 0:10:27.000,0:10:30.000 It's had no serious rivals. 0:10:31.000,0:10:33.000 So you can see 0:10:33.000,0:10:37.000 that the way in which power has been constructed in China 0:10:37.000,0:10:39.000 is very different from our experience 0:10:39.000,0:10:42.000 in Western history. 0:10:42.000,0:10:44.000 The result, by the way, 0:10:44.000,0:10:48.000 is that the Chinese have a very different view of the state. 0:10:49.000,0:10:52.000 Whereas we tend to view it as an intruder, 0:10:52.000,0:10:55.000 a stranger, 0:10:55.000,0:10:57.000 certainly an organ 0:10:57.000,0:11:00.000 whose powers need to be limited 0:11:00.000,0:11:02.000 or defined and constrained, 0:11:02.000,0:11:04.000 the Chinese don't see the state like that at all. 0:11:04.000,0:11:07.000 The Chinese view the state 0:11:07.000,0:11:10.000 as an intimate -- not just as an intimate actually, 0:11:10.000,0:11:12.000 as a member of the family -- 0:11:12.000,0:11:14.000 not just in fact as a member of the family, 0:11:14.000,0:11:16.000 but as the head of the family, 0:11:16.000,0:11:18.000 the patriarch of the family. 0:11:18.000,0:11:21.000 This is the Chinese view of the state -- 0:11:21.000,0:11:23.000 very, very different to ours. 0:11:23.000,0:11:26.000 It's embedded in society in a different kind of way 0:11:26.000,0:11:28.000 to what is the case 0:11:28.000,0:11:30.000 in the West. 0:11:30.000,0:11:33.000 And I would suggest to you that actually what we are dealing with here, 0:11:33.000,0:11:36.000 in the Chinese context, 0:11:36.000,0:11:38.000 is a new kind of paradigm, 0:11:38.000,0:11:40.000 which is different from anything 0:11:40.000,0:11:43.000 we've had to think about in the past. 0:11:44.000,0:11:47.000 Know that China believes in the market and the state. 0:11:47.000,0:11:49.000 I mean, Adam Smith, 0:11:49.000,0:11:52.000 already writing in the late 18th century, said, 0:11:52.000,0:11:54.000 "The Chinese market is larger and more developed 0:11:54.000,0:11:56.000 and more sophisticated 0:11:56.000,0:11:58.000 than anything in Europe." 0:11:58.000,0:12:00.000 And, apart from the Mao period, 0:12:00.000,0:12:02.000 that has remained more or less the case ever since. 0:12:02.000,0:12:04.000 But this is combined 0:12:04.000,0:12:08.000 with an extremely strong and ubiquitous state. 0:12:08.000,0:12:10.000 The state is everywhere in China. 0:12:10.000,0:12:12.000 I mean, it's leading firms -- 0:12:12.000,0:12:15.000 many of them are still publicly owned. 0:12:15.000,0:12:18.000 Private firms, however large they are, like Lenovo, 0:12:18.000,0:12:20.000 depend in many ways on state patronage. 0:12:20.000,0:12:22.000 Targets for the economy and so on 0:12:22.000,0:12:24.000 are set by the state. 0:12:24.000,0:12:26.000 And the state, of course, its authority flows into lots of other areas -- 0:12:26.000,0:12:28.000 as we are familiar with -- 0:12:28.000,0:12:30.000 with something like the one-child policy. 0:12:30.000,0:12:33.000 Moreover, this is a very old state tradition, 0:12:33.000,0:12:35.000 a very old tradition of statecraft. 0:12:35.000,0:12:38.000 I mean, if you want an illustration of this, 0:12:38.000,0:12:40.000 the Great Wall is one. 0:12:40.000,0:12:42.000 But this is another, this is the Grand Canal, 0:12:42.000,0:12:44.000 which was constructed in the first instance 0:12:44.000,0:12:46.000 in the fifth century B.C. 0:12:46.000,0:12:48.000 and was finally completed 0:12:48.000,0:12:50.000 in the seventh century A.D. 0:12:50.000,0:12:54.000 It went for 1,114 miles, 0:12:54.000,0:12:56.000 linking Beijing 0:12:56.000,0:12:59.000 with Hangzhou and Shanghai. 0:12:59.000,0:13:01.000 So there's a long history 0:13:01.000,0:13:04.000 of extraordinary state infrastructural projects 0:13:04.000,0:13:06.000 in China, 0:13:06.000,0:13:09.000 which I suppose helps us to explain what we see today, 0:13:09.000,0:13:11.000 which is something like the Three Gorges Dam 0:13:11.000,0:13:13.000 and many other expressions 0:13:13.000,0:13:15.000 of state competence 0:13:15.000,0:13:17.000 within China. 0:13:17.000,0:13:20.000 So there we have three building blocks 0:13:20.000,0:13:23.000 for trying to understand the difference that is China -- 0:13:23.000,0:13:26.000 the civilization-state, 0:13:26.000,0:13:28.000 the notion of race 0:13:28.000,0:13:30.000 and the nature of the state 0:13:30.000,0:13:33.000 and its relationship to society. 0:13:33.000,0:13:36.000 And yet we still insist, by and large, 0:13:36.000,0:13:40.000 in thinking that we can understand China 0:13:40.000,0:13:43.000 by simply drawing on Western experience, 0:13:43.000,0:13:46.000 looking at it through Western eyes, 0:13:46.000,0:13:48.000 using Western concepts. 0:13:48.000,0:13:50.000 If you want to know why 0:13:50.000,0:13:53.000 we unerringly seem to get China wrong -- 0:13:53.000,0:13:56.000 our predictions about what's going to happen to China are incorrect -- 0:13:56.000,0:14:00.000 this is the reason. 0:14:00.000,0:14:02.000 Unfortunately, I think, 0:14:02.000,0:14:05.000 I have to say that I think 0:14:05.000,0:14:07.000 attitude towards China 0:14:07.000,0:14:10.000 is that of a kind of little Westerner mentality. 0:14:10.000,0:14:12.000 It's kind of arrogant. 0:14:12.000,0:14:14.000 It's arrogant in the sense 0:14:14.000,0:14:16.000 that we think that we are best, 0:14:16.000,0:14:19.000 and therefore we have the universal measure. 0:14:20.000,0:14:22.000 And secondly, it's ignorant. 0:14:22.000,0:14:25.000 We refuse to really address 0:14:25.000,0:14:27.000 the issue of difference. 0:14:27.000,0:14:29.000 You know, there's a very interesting passage 0:14:29.000,0:14:32.000 in a book by Paul Cohen, the American historian. 0:14:32.000,0:14:35.000 And Paul Cohen argues 0:14:35.000,0:14:39.000 that the West thinks of itself 0:14:39.000,0:14:41.000 as probably the most cosmopolitan 0:14:41.000,0:14:43.000 of all cultures. 0:14:43.000,0:14:45.000 But it's not. 0:14:45.000,0:14:47.000 In many ways, 0:14:47.000,0:14:49.000 it's the most parochial, 0:14:49.000,0:14:52.000 because for 200 years, 0:14:52.000,0:14:55.000 the West has been so dominant in the world 0:14:55.000,0:14:57.000 that it's not really needed 0:14:57.000,0:15:00.000 to understand other cultures, 0:15:00.000,0:15:02.000 other civilizations. 0:15:02.000,0:15:04.000 Because, at the end of the day, 0:15:04.000,0:15:07.000 it could, if necessary by force, 0:15:07.000,0:15:09.000 get its own way. 0:15:09.000,0:15:11.000 Whereas those cultures -- 0:15:11.000,0:15:14.000 virtually the rest of the world, in fact, 0:15:14.000,0:15:17.000 which have been in a far weaker position, vis-a-vis the West -- 0:15:17.000,0:15:20.000 have been thereby forced to understand the West, 0:15:20.000,0:15:23.000 because of the West's presence in those societies. 0:15:23.000,0:15:26.000 And therefore, they are, as a result, 0:15:26.000,0:15:29.000 more cosmopolitan in many ways than the West. 0:15:29.000,0:15:31.000 I mean, take the question of East Asia. 0:15:31.000,0:15:34.000 East Asia: Japan, Korea, China, etc. -- 0:15:34.000,0:15:36.000 a third of the world's population lives there. 0:15:36.000,0:15:38.000 Now the largest economic region in the world. 0:15:38.000,0:15:40.000 And I'll tell you now, 0:15:40.000,0:15:42.000 that East Asianers, people from East Asia, 0:15:42.000,0:15:44.000 are far more knowledgeable 0:15:44.000,0:15:46.000 about the West 0:15:46.000,0:15:50.000 than the West is about East Asia. 0:15:50.000,0:15:53.000 Now this point is very germane, I'm afraid, 0:15:53.000,0:15:55.000 to the present. 0:15:55.000,0:15:58.000 Because what's happening? Back to that chart at the beginning, 0:15:58.000,0:16:00.000 the Goldman Sachs chart. 0:16:00.000,0:16:02.000 What is happening 0:16:02.000,0:16:05.000 is that, very rapidly in historical terms, 0:16:05.000,0:16:08.000 the world is being driven 0:16:08.000,0:16:10.000 and shaped, 0:16:10.000,0:16:12.000 not by the old developed countries, 0:16:12.000,0:16:14.000 but by the developing world. 0:16:14.000,0:16:16.000 We've seen this 0:16:16.000,0:16:18.000 in terms of the G20 0:16:18.000,0:16:21.000 usurping very rapidly the position of the G7, 0:16:21.000,0:16:24.000 or the G8. 0:16:25.000,0:16:28.000 And there are two consequences of this. 0:16:28.000,0:16:30.000 First, the West 0:16:30.000,0:16:32.000 is rapidly losing 0:16:32.000,0:16:34.000 its influence in the world. 0:16:34.000,0:16:37.000 There was a dramatic illustration of this actually a year ago -- 0:16:37.000,0:16:39.000 Copenhagen, climate change conference. 0:16:39.000,0:16:41.000 Europe was not at the final negotiating table. 0:16:41.000,0:16:43.000 When did that last happen? 0:16:43.000,0:16:46.000 I would wager it was probably about 200 years ago. 0:16:46.000,0:16:49.000 And that is what is going to happen in the future. 0:16:49.000,0:16:51.000 And the second implication 0:16:51.000,0:16:54.000 is that the world will inevitably, as a consequence, 0:16:54.000,0:16:58.000 become increasingly unfamiliar to us, 0:16:58.000,0:17:01.000 because it'll be shaped by cultures and experiences and histories 0:17:01.000,0:17:04.000 that we are not really familiar with, 0:17:04.000,0:17:06.000 or conversant with. 0:17:06.000,0:17:08.000 And at last, I'm afraid -- take Europe; 0:17:08.000,0:17:10.000 America is slightly different -- 0:17:10.000,0:17:13.000 but Europeans by and large, I have to say, 0:17:13.000,0:17:16.000 are ignorant, 0:17:16.000,0:17:18.000 are unaware 0:17:18.000,0:17:21.000 about the way the world is changing. 0:17:21.000,0:17:24.000 Some people -- I've got an English friend in China, 0:17:24.000,0:17:27.000 and he said, "The continent is sleepwalking into oblivion." 0:17:29.000,0:17:31.000 Well, maybe that's true, 0:17:31.000,0:17:33.000 maybe that's an exaggeration. 0:17:33.000,0:17:36.000 But there's another problem which goes along with this -- 0:17:36.000,0:17:39.000 that Europe is increasingly out of touch with the world -- 0:17:39.000,0:17:42.000 and that is a sort of 0:17:42.000,0:17:44.000 loss of a sense of the future. 0:17:44.000,0:17:47.000 I mean, Europe once, of course, once commanded the future 0:17:47.000,0:17:49.000 in its confidence. 0:17:49.000,0:17:52.000 Take the 19th century, for example. 0:17:52.000,0:17:55.000 But this, alas, is no longer true. 0:17:55.000,0:17:58.000 If you want to feel the future, if you want to taste the future, 0:17:58.000,0:18:01.000 try China -- there's old Confucius. 0:18:01.000,0:18:03.000 This is a railway station 0:18:03.000,0:18:05.000 the likes of which you've never seen before. 0:18:05.000,0:18:07.000 It doesn't even look like a railway station. 0:18:07.000,0:18:09.000 This is the new [Wuhan] railway station 0:18:09.000,0:18:11.000 for the high-speed trains. 0:18:11.000,0:18:13.000 China already has a bigger network 0:18:13.000,0:18:15.000 than any other country in the world 0:18:15.000,0:18:19.000 and will soon have more than all the rest of the world put together. 0:18:19.000,0:18:21.000 Or take this: now this is an idea, 0:18:21.000,0:18:24.000 but it's an idea to be tried out shortly 0:18:24.000,0:18:26.000 in a suburb of Beijing. 0:18:26.000,0:18:29.000 Here you have a megabus, 0:18:29.000,0:18:32.000 on the upper deck carries about 2,000 people. 0:18:32.000,0:18:34.000 It travels on rails 0:18:34.000,0:18:36.000 down a suburban road, 0:18:36.000,0:18:39.000 and the cars travel underneath it. 0:18:39.000,0:18:42.000 And it does speeds of up to about 100 miles an hour. 0:18:42.000,0:18:45.000 Now this is the way things are going to move, 0:18:45.000,0:18:47.000 because China has a very specific problem, 0:18:47.000,0:18:49.000 which is different from Europe 0:18:49.000,0:18:51.000 and different from the United States: 0:18:51.000,0:18:54.000 China has huge numbers of people and no space. 0:18:54.000,0:18:56.000 So this is a solution to a situation 0:18:56.000,0:18:58.000 where China's going to have 0:18:58.000,0:19:00.000 many, many, many cities 0:19:00.000,0:19:02.000 over 20 million people. 0:19:02.000,0:19:05.000 Okay, so how would I like to finish? 0:19:05.000,0:19:08.000 Well, what should our attitude be 0:19:08.000,0:19:11.000 towards this world 0:19:11.000,0:19:13.000 that we see 0:19:13.000,0:19:15.000 very rapidly developing 0:19:15.000,0:19:17.000 before us? 0:19:18.000,0:19:21.000 I think there will be good things about it and there will be bad things about it. 0:19:21.000,0:19:23.000 But I want to argue, above all, 0:19:23.000,0:19:26.000 a big-picture positive for this world. 0:19:28.000,0:19:30.000 For 200 years, 0:19:30.000,0:19:36.000 the world was essentially governed 0:19:36.000,0:19:40.000 by a fragment of the human population. 0:19:40.000,0:19:44.000 That's what Europe and North America represented. 0:19:44.000,0:19:46.000 The arrival of countries 0:19:46.000,0:19:48.000 like China and India -- 0:19:48.000,0:19:50.000 between them 38 percent of the world's population -- 0:19:50.000,0:19:53.000 and others like Indonesia and Brazil and so on, 0:19:56.000,0:19:59.000 represent the most important single act 0:19:59.000,0:20:01.000 of democratization 0:20:01.000,0:20:03.000 in the last 200 years. 0:20:03.000,0:20:05.000 Civilizations and cultures, 0:20:05.000,0:20:08.000 which had been ignored, which had no voice, 0:20:08.000,0:20:10.000 which were not listened to, which were not known about, 0:20:10.000,0:20:12.000 will have a different sort 0:20:12.000,0:20:15.000 of representation in this world. 0:20:15.000,0:20:17.000 As humanists, we must welcome, surely, 0:20:17.000,0:20:19.000 this transformation, 0:20:19.000,0:20:21.000 and we will have to learn 0:20:21.000,0:20:23.000 about these civilizations. 0:20:23.000,0:20:26.000 This big ship here 0:20:26.000,0:20:28.000 was the one sailed in by Zheng He 0:20:28.000,0:20:30.000 in the early 15th century 0:20:30.000,0:20:32.000 on his great voyages 0:20:32.000,0:20:35.000 around the South China Sea, the East China Sea 0:20:35.000,0:20:38.000 and across the Indian Ocean to East Africa. 0:20:38.000,0:20:42.000 The little boat in front of it 0:20:42.000,0:20:44.000 was the one in which, 80 years later, 0:20:44.000,0:20:47.000 Christopher Columbus crossed the Atlantic. 0:20:47.000,0:20:49.000 (Laughter) 0:20:49.000,0:20:51.000 Or, look carefully 0:20:51.000,0:20:53.000 at this silk scroll 0:20:53.000,0:20:56.000 made by ZhuZhou 0:20:56.000,0:20:59.000 in 1368. 0:20:59.000,0:21:01.000 I think they're playing golf. 0:21:01.000,0:21:04.000 Christ, the Chinese even invented golf. 0:21:04.000,0:21:07.000 Welcome to the future. Thank you. 0:21:07.000,0:21:10.000 (Applause)