U.S. President Donald Trump and Chinese President Xi Jinping in Beijing, November 2017
Doug Mills / The New York Times / Redux

“In 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.” The Chinese leader Deng Xiaoping made that argument to Indian Prime Minister Rajiv Gandhi in 1988. More than 30 years later, Deng has proved prescient. After decades of extraordinary economic success, Asia today is the world’s fastest-growing region. Within this decade, Asian economies will become larger than the rest of the world’s economies combined, something that has not been true since the nineteenth century. Yet even

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