The language of the speech and the White Paper is lofty and inspirational. The PM's speech is titled 'History asks great nations great questions', and the White Paper itself calls the Asian century 'a truly transformative period in our history' and 'a transformation as profound as any that have defined Australia throughout our history'.
...there is very little sense of the risks of the Asian century.
The PM's description of Asia's explosive growth and the opportunities it offers was never accompanied by any warnings about the potential downsides, particularly the fact that Australia's relative influence in the region will decline as the region's developing economies continue their explosive growth
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