Admiration and apprehension go hand-in-hand when you look upon China’s rise as a global power and elevation as the second largest economy in the world. There is all-round admiration for its unprecedented economic growth—which has been at 10 per cent plus for three decades. There are also serious apprehensions among nations on what China’s rise means to Asia and the world at large. Will it be primarily a threat to its neighbours, as signalled by its assertiveness over the important sea lanes in the region? Or does China have the ability and desire to cooperate with other nations and share the responsibility in meeting some of the challenges the world faces?