Fool's Mountain: Blogging for China

Robert Zoellick, former US deputy secretary of state and current World Bank chief, coined a role for China, responsible stakeholder. It was obviously self-serving because the US wanted to retain the right to judge who was responsible and who was not.

China clearly didn’t pick the role up although there are still commentators who say China should do this or that if it is to be a responsible stakeholder.

Furthermore, China doesn’t seem to like the descriptor of stakeholder either. It’s such a neutral term, one doesn’t know what it means anyway.

Instead, China should strive to be a world leader. Like it or not, or exercise it or not, China’s influences on the global economy, energy, environment and security are growing.

China needs to sit at the top table setting rules and enforcing them accordingly for the sake of global prosperity and security. The annual US-China Strategic and Economic Dialogue is a good start.

China can’t claim to be a poor or third-world country for inaction anymore. Many in the world are looking to China for leadership.