The rise of Asia is fraught with challenges

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The rise of Asia is fraught with challenges
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A Chinese tourist poses for photos with an installation depicting Taiwan and mainland China at a tourist area on Pingtan island, the closest point to Taiwan, in China's southeast Fujian province on April 6.

If not for the war in Eastern Europe, bordering Asia, and the US-China rivalry, the massive concentration of capital in Asia would have made the ‘Asianized Century’ a reality. The Asian Century is an economic project and parallels the economic prosperity of 19th-century colonial Britain and the 20th-century US.

In its bid to contain China, Asia’s economic backbone, the US has already set in motion an aggressive trade war with strict monitoring of investments to pull supply chains out of the Chinese mainland. These efforts are further complimented by the Quad Alliance, and many more military maneuverings, involving rich Asian nations like Japan, India and South Korea.

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