Iran Press/ Europe: The world, Tony Blair said, was at a turning point in history comparable with the end of World War Two or the collapse of the Soviet Union: but this time the West is clearly not in the ascendant.
"We are coming to the end of Western political and economic dominance," Blair said in a lecture entitled "After Ukraine, What Lessons Now for Western Leadership?" according to a text of the speech to a forum supporting the alliance between the United States and Europe at Ditchley Park west of London.
"The world is going to be at least bi-polar and possibly multi-polar," Blair said. "The biggest geo-political change of this century will come from China not Russia."
China in 1979 had an economy that was smaller than Italy’s, but after opening to foreign investment and introducing market reforms it has become the world’s second-largest economy.
Its economy is forecast to overtake the United States within a decade and it leads in some 21st century technologies such as artificial intelligence, regenerative medicine and conductive polymers.
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