Will Asia ever match the cultural magnificence of Europe?

It is all very well saying Asia is replacing Europe as the prime creator of wealth, but is there any evidence that new superpowers like China and India will be able to supply the cultural magnificence which once accompanied European productivity? We take European art for granted. But its profusion and variety, and the thoroughness of its penetration into every aspect of life, are unequalled. I have been repeatedly to the new medieval and Renaissance galleries at the Victoria and Albert Museum since they opened. Many wonderful artefacts never before seen, or at any rate never properly displayed, are now on view in all their opulence. They overflow with objects which testify sometimes to the genius but always to the ingenuity, invention, skill and taste of the craftsmen who created them. What remarkable creatures Europeans were before they committed collective suicide in the two world wars of the 20th century, just as the ancient Greeks destroyed themselves in the Peloponnesian disaster.