Analysis: China's rise takes the world into uncharted waters

Twice in the 20th century, Japan challenged the West, first in a military-led attempt to become an imperial power and then as an industrial powerhouse. Now it is China’s turn to take the global stage. Seventy-five years after Japan’s surrender in World War II, and 30 years after its economic bubble popped, the emergence of a 21st century Asian power is shaking up the status quo.

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