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The biggest problem facing the world economy is the imbalance of the global economy, which has led to fundamental differences between China and the United States. China believes that the cause of the global economic imbalance is that the system version is too old to keep up with the global economic development, and a deep systemic crisis has appeared. Correspondingly, the solution to global economic imbalance is to upgrade Globalization 3.0 to version 4.0. The United States believes that because China's full access to global trade has caused global economic imbalances, it believes that kicking China out can solve the problem.

China wants to upgrade the globalization system, but how? the United States wants to go back to the old version, can it do so? In the divergence and see-saw between the new and the old,, where will the world economy go? How will the general trend of the world evolve? 

Now that the United States began to move toward anti-globalization, made anti-globalization moves, and turned history back, history is calling for new leaders to drive this train of world history.

In the short term. the relationship between China and the United States will be more delicate, but a full-scale decoupling is impossible, let alone a full-scale war. With a full decoupling, the United States will only decline faster, which is not in its national interest. Although the two will not break up, they tacitly exist in a competitive relationship, and it is inevitable to bump into each other and disgust each other. However, the business that should be done between the two countries will continue. The kind of direct confrontation between the United States and the Soviet Union back then is called the Cold War, and the future Sino-US relationship may be a kind of "fancy cold war."

To rebuild global demand and supply in the future and lead the world in globalization 4.0, Where does the demand come from? The urbanization of hundreds of millions of people who have not yet been fully urbanized is a huge demand. the integration of Asia, Europe and Africa with high-speed rail, through the "Belt and Road" to promote and complete the integration of Asia, Europe and Africa, will create unimaginable demand and opportunity.

The general path may be this: China will replace the US as a consumer country, export renminbi, technology and production capacity, reward resources countries with technology, and use these resources for China's urbanization. At the same time, the renminbi will be deposited abroad, and China will issue overseas renminbi bonds to recover the deposited offshore renminbi and establish a super fund to fund China's future deep urbanization.

In the new global division of labor system, all participating countries have gained benefits. Mutual benefit and win-win situations can naturally go on for a long time. This is a general trend that can flourish for many more years. The key point is that the renminbi must be internationalized. Of course, this is not an overnight effort, let us wait and see that day comes.

China Explained will show you that because of China’s continued success in industrial upgrading, technological innovation and realizing its huge potential, it is an unstoppable process. The inevitable rise of China may feel intimidating and some simply reject it. Don’t be. More importantly, we will answer the million-dollar question: how can you, as an individual or a small business owner, also profit from the rise of China ?

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