Politics, society, economy, countries, regions and the global order are all in turmoil. The strain is felt everywhere in any country among workers, peasants, professionals, academics, youth and the indigent. The political parties similarly, particularly those with the correct politics, need to respond to the very fast and fluid situation with adequate intellectual grasp in the interest of the people of their own countries and the world at large.

Complex growth of the developed economies have released such forces that influence capital and markets that sustainability is no longer a phrase in the vocabulary of developing countries but very much in that of the developed economies. The champions of capitalism in their shortsighted frenzy for survival take measures that have far reaching effects on economies across the globe. The order in international relations is taking a beating and is a matter of great alarm for all our peoples.

The decades of awareness and lip service to strategies of alleviating poverty have hardly yielded any meaningful results. In essence there are no remedial measures and inequality and destitution continues wreaking havoc on the people.

Recent decades have seen the rise of many new global problems such as unilateralism, cultural hegemonies, terrorism and environmental degradation. The international relationship system which exists and the principle of protecting mutual interests among countries and regions are at risk as a result of the new problems.

Traditional security problems in the region are like those of the Korean Peninsula and the Taiwan Straits. In the latter the rightful position of China is affronted with weak pleas based on domestic legislation by the US.

Sino-US relations are very important to China and it is believed that shared interests of the two have been continually increasing.

Differing ideologies and security issues had brought about a lot of stress in the region.

Non traditional security issues like Terrorism; Separatism; National contradictions; Cross border Criminal activities, Drug trafficking, Smuggling on one hand and Energy, Ecology and Environment on the other.

Non traditional security problems can only be gradually solved through consultation on an equal footing to reach consensus, and adopt countermeasures on the basis of International laws. Unilateral countermeasures will not work in the Chinese view.

Threat to regional stability and need for security co-operation has been dominant in the minds of policymakers.

Big power relations have bearing on regional security. US could not establish dominance over East Asia. China, Russia, Japan all advocated multi-polarization. In sum East Asian countries will have a security mechanism based on cooperation but it will be a long process.

The US presence can stir up trouble instead. In the past these countries have maintained a delicate balance between big powers but if the new arrangement evolves then with the increased possibility of US interference can deepen confrontation amongst regional countries.

Chinese President and General Secretary of the Communist Party of China Comrade Hu Jintao recently declared China’s sincere wish to cultivate closer partnership with Asian countries for Asian rejuvenation. He made a very encouraging all encompassing proposal: “It is partnership that features equality and mutual trust politically, mutual benefit economically, exchange and emulation culturally, and dialogue and cooperation on the security front.”

China adopted emergent path of peaceful coexistence and common development. This is the Chinese strategy of “Peaceful Rise”. It has inspired great comfort to its neighbors. It has also done away with the China threat theory.

Guided by principle of putting disputes aside and seeking common development, China’s relationship with its neighbors has improved substantially and resolution of border disputes has made great progress. ASEAN South China Sea Code of Conduct also provides a mechanism to guarantee regional peace and stability.

During the 1997 financial crisis in Asia, China stood firm on keeping its currency stable despite losses of its own interests and provided large amounts of financial aid to those countries suffering from the crisis. This made neighbors to realize the importance of China in ensuring regional stability. China is now firmly considered a force to boost regional prosperity by people of the region.

US policy is to make Pakistan into a moderate, stable and pro-American Muslim country through political and democratic means.

Beijing and Delhi have declared their respective commitments to improvement of relationships and development of good neighborliness. The efforts to resolve boundary issue is reaping positive results. Co-operation between the two nations have led to resolution of many issues.

China is seeking to develop itself in a peaceful environment and at the same time promote world peace. China in its wisdom has found an independent development road to build socialism with Chinese characteristics through involvement in , not isolation from, economic globalization. It will develop productive forces and promote peace. China will not see political confrontation as its target. The policies of opening up and participation in globalization have paid off due to the enlightened management and leadership.

In so far as developing countries like Bangladesh globalization has brought its ills and the resistance to globalization has been going on. Without the benefit of foresight and deep analytical understanding and firmness of policy the political parties in leadership were unable to guide the countries through a few turbulent decades. Inadequate understanding led to lack of any alternative growth of the industry or the workforce. The wherewithal to withstand the impact of global opening up in Textiles in the post MFA era is virtually absent. The rapid urbanization without basic amenities and without prospects of alternative employment bring about forebodings of tremendous hardship due to market diversion and concomitant loss of employment.

Market diversion due to globalization and waiver of concessions may be considered by China to assist in the interim. Maturity in political leadership and appropriate response to globalization will occur as the people of Bangladesh will bring these about. There cannot be any solution from the markets which were the destination of Bangladesh products. The Chinese policy for peaceful rise may also incorporate Asian countries like Bangladesh. Political leadership in these complex times and economic settings can only come from fraternal parties like the Chinese Communist Party and through deep understanding, exchange and goodwill.