When China becomes the world's second largest economy, the world situation it faces is bound to change radically.
China will become an influential power in the world, and it will inevitably become the importance of the United States, which is now the world's largest economy, and become its imaginary enemy. This is an inevitable fact, and it will inevitably complicate the situation that China faces in the world.
On the other hand, the rapid economic growth has also made many Chinese people burst with patriotic sentiment and self-confidence, and even think that more than the United States is just around the corner, and China will become the most powerful existence in the world in the near future. But is that the real situation?
Li Xiao, a national-level outstanding professor at Jilin University, has long been committed to the study of the world economy, international finance, and especially the international monetary system, and his book "Double Shock" is the result of his recent research, which has made a detailed analysis of the challenges faced by the two major powers of China and the United States from the aspects of politics, economy, finance, and trade, and pointed out that China will inevitably be contained by the United States on the road to its rise, and this containment will be far beyond our imagination.
In the wake of COVID-19 in 2020, China is facing even more serious challenges. After such a "black swan" event, we can see more clearly the essential state of world development and the direct relationship between China and the world. As a manufacturing power, China provides the world with the manufacture of most of the necessary materials, which is regarded as a threat by the international community, including the United States.
In the wake of the pandemic, the globalization that made the entire world economy more and more closely and dependent in the past has changed. Because of the isolation of the new crown epidemic, this dependence drawback of the past has been leaked out, and the trade conservative policy has become more serious. In the future, a big country like the United States will also transfer the production of some important materials back to the country and reduce its dependence on other countries, which was also part of Trump's policy, which is also a factor that the Sino-US situation has to consider.
What kind of challenges will China-US relations face in the future? Li Xiao's research on the dollar-based monetary system sees the enormous risks facing China. Because China's rapidly growing economic system is still under the dollar system constructed by the United States, China has been a beneficiary of this system and is bound to be limited by this system.
With its dollar system, the United States has put many newly emerging countries in difficulty again, including Japan, Argentina, etc., which is also a topic that China has to face and think about after its rise. Li Xiao also gave the strategy and countermeasures that China should have under such an impact. In this state, we cannot yet fully fight against the United States, nor can we think that the United States has become a declining and declining economy, and that we no longer need American cooperation.
We must attach importance to the enemy strategically and consider the world situation we are facing with the most modest attitude. We cannot be complacent, we cannot separate China's economy from the world, we cannot fall into decoupling from the world. Those who think that China no longer needs the United States, does not need the world, and can live in self-sufficiency are dangerous.
Although the Chinese market is strong enough, we still have to continue to open up to the outside world, with a more inclusive and open attitude, facing the world and facing the United States. Only in this way can China's influence in the world continue to expand.
But China's defenses against the United States and the dollar cannot be relaxed at all, and the world is still a system built on dollars. At the beginning of the establishment of this system, the monetary pattern of the entire world has undergone completely different changes than in the past. Money is no longer the currency of the former credit system, in li xiao's words, that is, the monetary system built by the world in using the US dollar is now a currency of creditor logic.
In this monetary system, the creditors, the United States, the issuer of the US dollar, have an absolute right to speak, and they can use a variety of monetary policies to influence the world pattern and seek their own private interests. We are still in such a system, and we cannot but guard against the arrival of such harm. Now all we can do is minimize the impact and harm of the dollar system on China.
China has become the world's second largest economy, and in the face of a complex world economy, we should establish our own economic system theory, rather than always looking for direction in Western economic theory, which requires strategic scholars to make a difference. This book, "Double Shock: The Future of the Great Power Game and the Future World Economy", is Li Xiao's solid theoretical foundation and detailed analysis of the past and present world economies, pointing out the risks and challenges that our country will face. Facing the current world pattern and facing the still powerful United States, think about where China will go. #National Book Recommenders ##Current International Situation ##中美 #