Just because others are stronger it doesn't make the West weak

The sale of the Swedish carmakers Volvo and Saab to Chinese companies could be interpreted as a sign of the decline of the West or else of the advance of globalisation, writes the conservative daily Neue Zürcher Zeitung: "The fact that others have grown stronger does not make the West weak. But the West, be it Europe or the US, must now recognise and correct home-grown errors in politics, the economy and society. Failing that, these errors threaten to undermine the West's achievements, values and ideals in the long term. The true challenges do not lie in Asia, but here at home. And the good thing about this uncomfortable realisation is that we have the power to change the situation, because it lies in our own hands. If Asia can serve as a model for us, then for its energy, its industriousness and its discipline."

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