The concept of an “Asian century” has gained traction, suggesting that Asia will become the new center of global power, driven by the economic growth of China and India. However, internal rivalries, demographic challenges, and the impact of U.S. trade policies under Trump raise doubts about this transition. While some argue that U.S. missteps may accelerate Asia’s rise, achieving a truly dominant Asian economy will require significant increases in regional consumption and policy coordination, which currently seem unlikely.
