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China has become part of our normality. For thousands of years China's share of the global GDP equalled or exceeded their share of the world's population, which was around a quarter. For three decades China has been returning to this normality, which was temporarily lost following the Industrial Revolution. China is more likely to manage this return to normality because it has almost never wasted its resources on expansionism, but rather focused on itself. We parents owe it to our children to prepare them for this new/old normality, both linguistically and culturally. In the same way that in the 20th century we adjusted to the ubiquity of the Anglo-Saxons. It's worth it, both materially and immaterially.
Prof. Dr. Reinhard Pöllath
Partner P+P Pöllath+Partners