Zakaria: Clear We’re in the Third Era of China Which Might Be 30 Years of Xi Jinping

RUSH EXCERPT:
ZAKARIA: "What will that do over time to the ambitions and appetites of leaders? Power tends to corrupt. Absolute power corrupts absolutely. Perhaps China will avoid this tendency, but it has been widespread throughout history. China under XI has also become more ambitious internationally. It is now the world’s second largest economy, the third largest funder of the united Nations and the provider of more peacekeepers than the other four permanent security councilmembers combined. The country has been bucking up its military while it has been devoting significant resources to far-flung cultural arms like confucius institute. It has the belt and road initiative, that will around ten times the size of the Marshall plan. It is determined the lead the world in fields like solar and wind power, electric cars, and artificial intelligence. Chinese scholars say it is now clear that China is entering a new era with a new system. Since the communist party took power in 1949, it had roughly 30 years of rule. That was followed by 30 years of Dao ping and his system. It is now clear that we’re in the third era, which might be 30 years of XI jinping. Is anybody in Washington paying attention?"