Canadian Prime Minister Mark Carney’s speech at the World Economic Forum in Davos this week will likely be remembered as one of the most significant orations of the early 21st century. Carney channeled the fear and frustration of many global leaders when he defiantly declared that the U.S.-led international order is over.
The “rupture” that Carney referenced in his address has profound consequences for China as it moves to reshape a part of this new international order to better align with its interests.