Japan and Europe must step up to stabilise the global order
The scourge of the coronavirus has exposed glaring weaknesses in capitalism and democracy all over the world.
With wages for some stagnating and a growing digital divide, divisions in societies, and the gap between the haves and have-nots, have never been starker.
While western countries flounder in the face of the pandemic and face challenges to their democracies, China has pulled ahead by containing the disease through technology and authoritarian rule.
It is not hard to imagine that in five years’ time China’s ambitions and technological progress, particularly in mitigating climate change, will determine the state of the world.