The 21st century belongs to China. As the societies of Europe and the United States plateau, developing countries in Asia and South America are racing forward at an unprecedented pace—with China clearly in the lead. This year, China surpassed Japan as the world's second biggest economy. And according to a now-infamous Goldman Sachs report, China could overtake the United States as the world's largest economy as early as 2027, a position America has occupied for well over a century.
So what will happen when China rules the world? To find out, Big Think spoke to some of the leading policymakers, economists, and experts on China to hear their thoughts. Over the next five days, we will present their often counter-intuitive views in our new special series, When China Rules the World. Each day we will unveil two new ideas, as well as some additional resources that give a greater understanding of China's role in the 21st century.
From former U.S. President Jimmy Carter to China's most popular television host Yang Lan, everyone in the series seems to agree with financier Steven Rattner that China is "the next great future growth story of the world." Throughout this week, When China Rules the World will explore the following questions: Will Beijing be the next Hollywood? Will China become the world's largest Christian nation? Will Africa become a Chinese colony? Will China rule the seas? In addition, Elizabeth Economy, Senior Fellow and Director for Asia Studies at the Council on Foreign Relations, will offer up five figures who are shaping the future of China; economist Nouriel Roubini will explain why the Chinese yuan will become the global reserve currency; and Nobel laureate Michael Spence will explain why China will likely become a more democratic country.
It marks another milestone in SpaceX's long-standing effort to make spaceflight cheaper.
- SpaceX launched Falcon Heavy into space early Tuesday morning.
- A part of its nosecone – known as a fairing – descended back to Earth using special parachutes.
- A net-outfitted boat in the Atlantic Ocean successfully caught the reusable fairing, likely saving the company millions of dollars.
Controversial map names CEOs of 100 companies producing 71 percent of the world's greenhouse gas emissions.
- Just 100 companies produce 71 percent of the world's greenhouse gases.
- This map lists their names and locations, and their CEOs.
- The climate crisis may be too complex for these 100 people to solve, but naming and shaming them is a good start.
The world's richest people could breeze through a climate disaster – for a price.
- A new report from a United Nation expert warns that an over-reliance on the private sector to mitigate climate change could cause a "climate apartheid."
- The report criticizes several countries, including the U.S., for taking "short-sighted steps in the wrong direction."
- The world's poorest populations are most vulnerable to climate change even though they generally contribute the least to global emissions.
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