Chapter 69 14. In 2030, China and the world

As the backbone of the world's economy and finance in the future, China has attracted all eyes and many pretenders.But it has also attracted the most vicious attacks and speculation about its future. The western world is overwhelmed!Deindustrialization, unemployment, shrinking exports, declining purchasing power, high government debt, speculation, weak currency, etc. Few experts can foresee the crisis, and they are convinced that there will be no earth-shaking changes in the future pattern.Under the double blow of the economic crisis and the financial crisis, the former world leaders who were at the helm were ordered to stop the ship.This is simply a blow to the head!

At the same time, emerging countries not only withstood the crisis but achieved economic take-off.In this relentless upheaval, Asia, number one in China, has emerged as a new force on the world stage. Years of hard work have made this unprecedented ranking seem so reasonable.But what will be the fate of the West in the years to come?This question urgently needs to be answered! Ten years ago, the United States could be seen everywhere on the international stage. It was once the undisputed world hegemon. The unipolar world that advocates freedom has elected a leader before this, and the believers follow him to declare war on the enemy.At that time, who could question their indestructible bodies?

At the same time, in the rising Latin America and Asia, countries such as Brazil and China are gradually emerging... The extreme liberals imagine that these countries will, in one way or another, adopt their opinions, follow their lines, and embark on the path for which they have come. Pointed out the bright road. Due to excessive profiteering, the subprime mortgage crisis in the United States triggered the deepest economic depression in history with its astonishing destructive power, speed, scale and global impact.Make all countries interdependent both in the short run and in the long run.

Despite the lack of long-term vision, there is no unity among countries, and there are loopholes in the regulatory mechanism.But the worst thing has yet to happen.That's thanks to the banks bailing out, thanks to emergency programs and monetary tightening, even if the latter two seem to be holding the economy back at times, but that's just a narrow view of the situation. The question that needs to be answered now is whether we can recover from the consequences of the disaster... The new financial regulatory framework can regulate global financial and economic affairs, but the industry has secretly expressed hostility to these new financial regulatory tools.No answer is more uncertain than if people believed their overtones.

Over the past few decades, as the entire structure of the Western economy has been destroyed, it has also consumed the confidence and hope of North American and European investors.It seems that the moment when the country will change hands is at hand, and all that remains is a democratic model, an attractive land and a condescending force. Many leaders and entrepreneurs in developed countries have immature ideas, lack of strategy, and only advocate immediate interests.Seeing them make a lot of mistakes, everyone can't help but think about the future of the world. a mess!Yet as they say: we have nothing to lose!The world has been caught in a huge storm, and people in it don't know whether or how to get out of it...

In the fields of economy, geography, humanities, and culture, like Europe, the United States has real wealth and the ability to rebound and open up a new avenue of prosperity. However, on the one hand there is globalization with no rules and regulatory mechanisms, and on the other there is a financial and economic crisis.The double blow made the end of the era of hegemony come sooner than expected, sounding the death knell of the era earlier.Nature is terrified of losing its life, and with the same sentiment we are witnessing a shake-up of dominant powers led by Asia, especially those countries that have been left behind.

China has stepped onto the podium of all the great powers in a few years.The next thing she has to do is to climb to the top position, it is only a matter of time, maybe 2015?Or maybe 2017?The power of exponential growth, the size of the world, the financial reserves and the global investment have made China the number one power in the world.