Concept

Asian Century

Summary
The Asian Century is the projected 21st-century dominance of Asian politics and culture, assuming certain demographic and economic trends persist. The concept of Asian Century parallels the characterisation of the 19th century as Britain's Imperial Century, and the 20th century as the American Century. A 2011 study by the Asian Development Bank found that 3 billion Asians (so 56.6% of the estimated 5.3 billion total inhabitants of Asia by 2050) could enjoy living standards similar to those in Europe today, and the region could account for over half of global output by the middle of this century. Some argue that Asia's growing emphasis on solidarity, as well as maturing and progressive relationships among countries in the region, will further underpin the creation of the 21st Asian Century. However, the sharp divide between China and India marks the end of both countries' hopes of leading the Asian Century. In 1924, Karl Haushofer used the term "Pacific age," envisaging the growth of Japan, China and India: "A giant space is expanding before our eyes with forces pouring into it which ... await the dawn of the Pacific age, the successor of the Atlantic age, the over-age Mediterranean and European era." The phrase Asian Century arose in the mid to late 1980s, and is attributed to a 1988 meeting with Paramount leader Deng Xiaoping of China and Prime minister Rajiv Gandhi of India in which Deng said that '[i]n recent years people have been saying that the next century will be the century of Asia and the Pacific, as if that were sure to be the case. I disagree with this view.' Prior to this, it made an appearance in a 1985 US Senate Committee on Foreign Relations hearing. It has been subsequently reaffirmed by Asian political leaders, and is now a popularly used term in the media. Potential superpowers Asia's robust economic performance over the three decades preceding 2010, compared to that in the rest of the world, made perhaps the strongest case yet for the possibility of an Asian Century.
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Related concepts (2)
Potential superpower
A potential superpower is a state or other polity that is speculated to be—or to have the potential to soon become—a superpower. Currently, only the United States fulfills the criteria to be considered a superpower. However, the United States is no longer the only uncontested foremost superpower and the world's sole hyperpower to dominate in every domain (i.e. military, culture, economy, technology, diplomatic). Since the 1990s, China, the European Union, India, and Russia have been described as potential superpowers.
Chinese Century
The Chinese Century () is a neologism suggesting that the 21st century may be geoeconomically or geopolitically dominated by the People's Republic of China, similar to how the "American Century" refers to the 20th century and the "British Centuries" to the 18th and 19th. The phrase is used particularly in association with the prediction that the economy of China may overtake the economy of the United States to be the largest in the world. A similar term is China's rise or rise of China ().