The rapid rise of the People's Republic of China as a military and economic power is challenging the status quo.
Let me just tell you how thrilling it really is, and how, what a challenge it is, because in 1988 the question is whether we're going forward to tomorrow or whether we're going to go past to the - to the back!
The world is beset by challenges including the ongoing danger of international terrorism, and the significant political and economic threats posed by factors such as the high levels of corporate and sovereign debt and persistent unemployment.
