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looking beyond borders

foreign policy and global economy

Globalisation Has Created A Chinese Monster

Confidence in globalisation saw massive amounts of Western capital and intellectual property flow to emerging markets, above all to China. But few in the West registered the geopolitical significance of this at the time. Instead, they praised the economic growth story. And not without good reason: the integration of China into global markets lifted a billion people out of poverty. It remains a testament to the material benefits of removing geopolitical obstructions from the development of global business.

Read Here – Foreign Policy

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One thought on “Globalisation Has Created A Chinese Monster

  1. Globalisation is a natural course of human evolution. The development of China will change the world. Interesting to see to which direction.

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