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The world is suddenly talking about the emergence of “Greater China.” The term has appeared in the headlines of major newspapers and magazines, has been the topic of conferences sponsored by prominent think-tanks, and is now the theme of a special issue of the world's leading journal of Chinese affairs. It thus joins other phrases – “the new world order,” “the end of history,” “the Pacific Century” and the “clash of civilizations” – as part of the trendiest vocabulary used in discussions of contemporary global affairs.