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Lord Powell | The 21st Century Belongs To China

Lord Powell is in proposition of the motion: 'This house believes that the 21st century belongs to China'. SUBSCRIBE for more speakers ► http://is.gd/OxfordUnion Facebook @ http://fb.me/theoxfordunion Twitter @   / oxfordunion   Oxford Union Website @ http://www.oxford-union.org/ Lord Powell states that the 21st century will belong to Asia as a continent. He says that Chinas remarkable economic growth over the last 30 years will continue to happen resulting in China being the largest economy in the world. The Chinese system of state capitalism has delivered for them in terms of growth and better living standards. This has been achieved by having a single-minded focus without the distractions and confusion of democracy. Filmed on Thursday 15th November ABOUT LORD POWELL: Former Private Secretary to both Margaret Thatcher and John Major and trusted foreginer advisor to both , Lord Powell serves as the President of the China-Britain Business Council. He was a 'mentor' to Guagua Bo, the son of contraversial former Communist Party official Bo Xilai. ABOUT THE OXFORD UNION SOCIETY: The Union is the world's most prestigious debating society, with an unparalleled reputation for bringing international guests and speakers to Oxford. It has been established for 189 years, aiming to promote debate and discussion not just in Oxford University, but across the globe.