What's Japan’s Ministry of Economy, Trade and Industry's (METI), then, come up with as a solution? Jumpstarting international interest in its other endeavors, of course — fashion, design, anime. And to put a little umph in its appeal, they named their latest campaign Cool Japan.

Brand USA, a non-profit, public-private partnership, is to launch a global advertising campaign next month, as part of the country’s concerted effort in marketing tourism to the world. Symbolic as it may be, it sends an unmistakable signal reaffirming America’s openness and optimism, the very foundation of the country’s soft power.

The hallyu – or “Korean wave” as the phenomenon is known in Asia – is now spreading to Europe and the US, and spurring South Korea’s export earnings. Cultural exports are...giving the once reclusive country a global cachet for the first time, shaking off the war-torn images of the US comedy M*A*S*H.

China's soft power is not only coming from official diplomatic channels. Its average citizens have also been ambassadors for the country. Wherever the Chinese diaspora land, much evidence, anecdotal as well as statistical, confirms that the Chinese tend to become productive members of society without the help of affirmative action.

As the world becomes more and more "flat," per se, exchanges and communications become astonishingly bidirectional. And hybrid products are born through this bidirectional "flattening," process as you easily find in all manufactured and cultural products. Korean entertainment producers are smart enough to know how to blend ingredients for universal attraction...Therefore, pop culture is speedily eroding boundaries of nations, as any multinational companies do.

If Mr. Xi can appear at ease in the informal atmosphere of a Lakers game, he may succeed where Mr. Hu failed in establishing a more friendly image in the U.S. to help counterbalance perceptions among many Americans of China as a military and commercial adversary.

At a time when the rest of the world marvels at – or perhaps dreads – China’s rise, Beijing perceives a serious weakness in its own armor: the lack of soft power. For all its economic woes, the West still possesses ample soft power as evidenced by its cultural domination. Behind China’s worries also lurk fears about regime stability.

China has launched a multi-million pound effort to improve its image around the world with the launch of a new global news TV station that it hopes will one day compete with global names such as the BBC, CNN and Al Jazeera. The new station 'CCTV America', has hired more than 60 international staff in a bid to produce credible programmes that will aim to give a voice to Beijing's view of the world.