"We are accustomed to calling the past globalization version 3.0 of globalization. Now, whether it is geographical conflicts or competition between countries, the globalization structure has been fractured, or ruptured."
Recently, Shao Yu, chief economist of Orient Securities, predicted in China News Agency's "East-West Question·China Dialogue" that the world may have entered a process of more intense geographic competition and the formation of competitive blocs by alliances of different countries. This state may last for 10 years. even longer.
Under such circumstances, all countries need to find new areas of cooperation to reach a new balance, but this balance is difficult to achieve due to complex factors.
Responsible editor: [Luo Pan]