摘要:AbstractEast Asian countries seem to be weathering the global economic crisis much better than the US and Europe. Western countries have been burdened by fiscal deficits and incoherent monetary policies. Asian triumphalism is unfounded, but the fact remains that Asia has a much more dynamic outlook. Especially China is rising again and driving the economic recovery of the rest of the region. But structural political and economic factors still impede China and other Asian countries from rising to the status of real global powers. The US remains the indispensable global leader. What really separates Asia from the West, and especially Europe, is a continental awakening, a striving for progress and advancement that contrasts with a new Eurosclerosis.