Lowy Institute Paper
The Myth of the Asian Century
It’s time to peel away the layers of a cliché that is not just useless, but harmful.
13 October 2025
The claim that the twenty-first century will be Asian, just as the twentieth century was American, is often made but seldom examined. Yet this axiom is not just simplistic, it could also encourage the very rivalry that most threatens Asia’s security and prosperity: between the United States and China. Asia is certainly playing a more prominent role in global geopolitics, just as Europe once did and America still does. The purpose of this Paper is to unpack the many layers concealed by the phrase ‘the Asian Century’. The future is too complex to be characterised by any one continent.