BEIJING, Sept. 3 -- Shakespeare says in The Tempest:
"What's past is prologue". U.S. history seems to source its national and global
unity in commercial and trade relations, and China may be following suit. So,
will China's "peaceful rise" in the global community be an adaptation of the
American model?
Though the U.S. is by definition a union of states,
leaders have long disagreed on many issues (the worst resulted in the Civil War
during the presidency of Abraham Lincoln). Yet today, the notion of war between
states seems absurd at best. How did the U.S.' founding fathers manage to foster
lasting unity among the 13 original states that extended to 50?
Under George Washington, the first American
administration constituted a team of rivals. Thomas Jefferson, a freedom-loving
idealist who inspired people around the world, was Washington's first secretary
of state. Realist Alexander Hamilton planned America's future as a mighty
commercial, industrial and military power as the first secretary of the
treasury.
Both men adapted their intellectual persuasions to
give rise eventually to the U.S.' two major political parties - the Democratic
and Republican - and twin foreign policy traditions: liberalism and realism.
These intellectual foundations can be linked to two
tomes written by Adam Smith, the father of modern economics. The first,
relatively unknown work is Theory of Moral Sentiments (1759), in which Smith
champions "enlightened self-interest" that includes the interests of the greater
community, as well as sympathy for others. This sense of justice and moral
reasoning are a necessary condition for social harmony and stability.
The second, well known to Chinese, is the bestselling
Wealth of Nations (1776). Smith provides the foundation for capitalism and
explains that individuals acting in their self-interests unintentionally
generate social benefits through "invisible" market forces that promote market
equilibrium and community happiness.
The creative tension that existed between Jefferson
and Hamilton, who sided with each of Smith's visions, could have easily
disintegrated into violent factionalism were it not for the stabilizing hand of
the first US president Washington.
To counter the potential for disunity, Washington
often asked the two men to collaborate on projects like drafting the US
Constitution, which stands as a model of political compromise and cooperation
through commercial activity.
¡¡In doing so, these founding fathers established a blueprint for
the American mission to promote international trade in order to peacefully
integrate the global community, just as it did for the 13 original colonies.
While pushing for China's entry into the World Trade
Organization (WTO) in 2000, Bill Clinton, then US president, urged American
lawmakers to "support the agreement we negotiated to bring China into the WTO
(Because) it will plainly advance the cause of peace in Asia".
Consciously or unconsciously, China seems to have
absorbed this lesson. A reported 11-percent of China's $586 billion stimulus
package was earmarked for rural economic stability related investment. This
amount was later increased to curb unemployment and social unrest, with the
promise of more funds if needed for domestic stability and peace.
Internationally, as the free-market promoting
Washington Consensus stumbled under the George W. Bush administration, China
steadily accumulated "economic capital" through the countervailing Beijing
Consensus. Engaging countries with opposing views and conflicts through trade,
China has established Sino-centric relationships with key countries like Japan,
India, Russia, and those in Africa.
The term "Chipan" can be used to describe reliable
commercial amity between two traditional enemies. For most of last year,
Sino-Japanese trade increased by double-digit figures to reach more than 266.4
billion USD for a record 10th straight year, according to Japan's External Trade
Organization report, issued in February 2009.
Despite nearly half a century of Sino-Indian
acrimony, China and India, or "Chindia", have forged substantial trade relations
and begun exploiting their comparative advantages in manufacturing and service
sectors. They have forged bilateral investment and trade relations, too, and
established commercial links with Iran, Venezuela and Sudan.
Sino-Russian trade relations have developed gradually
over the past two decades. China and Russia, or "Chirussia", signed the
Good-neighborly Cooperation Treaty in 1996, and their trade volume is expected
to have crossed 50 billion USD last year and to reach 60 to 80 billion USD by
2010.
As the US focused on wars in Afghanistan and Iraq,
China peacefully expanded its presence in Africa. All but four of the 53 African
heads of state attended the historic Sino-African Cooperation meeting in Beijing
in 2006, when China-Africa trade reportedly reached 55.5 billion USD. On the
other hand, the US Department of Defense failed to consult with its African
friends to choose a location for its African Command that now operates from
Germany.
But the most important trading relationship for China
is with America, which has given rise to term "Chimerica". Coined by Niall
Ferguson, professor of Harvard University, to describe the relationship between
the big saver-creditor-producer (China) and the big spender-debtor-consumer (the
U.S.), Chimerica has become the primary driver of the global economy along with
other major trading powers.
The US' inspiring history of forging unity from
diversity remains the future for the world. Only time will tell if the
commercial link joining the consensus in Beijing and Washington is strong enough
to overcome differences and promote lasting world peace through international
trade - a common human denominator for all nations despite their religion,
ethnicity and political persuasions.
The author is the vice-president of Osgood Center for
International Studies in Washington and has penned Trade and Peace. This article
is drawn from his book with the help of Leah Green, visiting professor at the
Graduate University of Chinese Agriculture and Sciences in Beijing.
(Source: China Daily)