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The ambitions of China
China's national rejuvenation has become a historical inevitability. The relentless rise of China, & its state governance model, within the globalized system, presents an immense structural challenge to the “liberal international order” that has prevailed for nearly a century, as led by the “United States”. This shift & COVID has affected my trading results over the last couple of years & I assume it has been for many others.
The slow decline of the West
The United States & China will have the greatest influence on global dynamics, supporting competing visions of the international system & governance that reflect their core interests & ideologies.
The Party’s stated role is to “educate & guide” entrepreneurs
Xi Jinping recently said, “Today’s world is changing, it is a world in which new opportunities & new challenges keep emerging, a world in which the international system & international order are going through deep adjustment & a world in which the relative international forces are in profound shift with the slow decline of the West.”
I was shocked to watch this video today
Skate.