Home » World » America’s decline, the world’s center of gravity shifts to China?Fukuyama concluded like this-Hong Kong Economic Times-China Channel-National Trends

America’s decline, the world’s center of gravity shifts to China?Fukuyama concluded like this-Hong Kong Economic Times-China Channel-National Trends

The chaos caused by the 2020 election in the United States and the new crown epidemic is still endless. The latest is the Trump supporter who has conceded defeat in the United States and has invaded the Capitol on an unprecedented scale. Francis, an American Japanese scholar who was once popular in academic circles because of “The Final Conclusion of History”. When Francis Fukuyama was interviewed by French media a few days ago, it was a democratic crisis in the United States, and the world showed a trend of gradually shifting its focus to Asia, especially China. But in the end, it’s still hard to say who will win.

Fukuyama proposed the “End of History” in 1989, saying that the arrival of liberal democracy in Western countries may be the end of the evolution of human society and the final form of human government. He became popular with this one shot, but with the rise of China in recent years, “The Conclusion of History” has gradually been questioned.

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In a recent interview with French newspaper Le Figaro, Fukuyama also admitted that there is a “democratic crisis” in the United States in 2020. The Western liberal system has shown obvious flaws in handling the epidemic and election issues. This has led to a gradual shift in focus to Asia, especially China.

In the past, Fukuyama, who sang well about the Western democratic system, rarely took the United States as an example. When talking about democratic defects arousing attention from the outside world, many analyses followed up and listed various signs of the decline of “Democratic America.” Among them, Taiwan jointly reported the following examples .

One: US GDP may be surpassed

First, the US GDP will be surpassed by China in 2028 in the near future. Recently, the British think tank “Centre for Economics and Business Research” (CEBR) pointed out that China will surpass the U.S. to become the world’s largest economy in 2028, five years earlier than previously estimated due to the different progress in the recovery of China and the U.S. . The United States, which has sat on the throne of global GDP dominance for 130 years, will not take long to be replaced by China.

Second: The United States ordered the world’s influence to begin to weaken

One example is that in 2014, Chinese President Xi Jinping initiated the “One Belt, One Road” initiative at an APEC meeting and announced that the “Asian Infrastructure Investment Bank” would be established. The United Kingdom, which has always been a die-hard ally of the United States, ignored the opposition of the United States and was half before the deadline. Announced to join the month. The battle of the Asian Infrastructure Investment Bank clearly reflected the changes in the momentum of China and the United States for the first time.

Similarly, at the end of (2020), at the last moment before China and the EU reached an investment agreement, the United States made another move. Sullivan Sullivan, an adviser to the U.S. National Security Council who will soon be in the Joe Biden administration ( Jake Sullivan) tweeted with warnings that the EU should discuss with the United States before making a decision. However, only two days later, China and the EU announced in a high profile that they had completed the negotiation of an investment agreement. The United States is no longer able to give orders to the world, adding another case.

Third: China’s circle of friends is expanding

One and a half months before the China-Europe Investment Agreement reached an agreement, China and 14 Asia-Pacific countries jointly announced the signing of RCEP. This free trade agreement with the largest population and the largest GDP in the world also includes Japan, Australia and New Zealand. A country with close relations with the United States is not a favorite of the United States.

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Fourth: Anti-epidemic reflects the poor governance capabilities of the United States

The turmoil in the US’s ability to manage the epidemic, especially when compared to China’s outstanding performance, is a world-wide difference; and the chaos in the presidential election has reached a point where even the United States itself cannot stand it.

Fifth: Weakening of the US economic structure

In terms of economic structure, in the second half of the last century, the United States was obsessed with developing the financial industry and neglected the manufacturing industry, which led to the hollowing out of the manufacturing industry. As a result, China became a global manufacturing kingdom, from Barack Obama to Donald Trump. When Trump became aware of this crisis, it was difficult to reverse it. For any major country, the hollowing out of manufacturing is not only an economic crisis, it is more likely to evolve into a national security crisis.

No. 6: The gap between rich and poor in American society has worsened

With the deepening of capitalism and the operation of financial QE (quantitative easing) that quenches thirst by drinking poison, the deterioration of the gap between rich and poor in American society has almost become a road of no return. It not only seriously threatens social stability, but also promotes populist awareness and further hurts. The United States has always prided itself on its political system; on the other hand, racial contradictions and hatred have become the biggest irony that has always claimed that the United States is a national melting pot.

It is worth noting that although many arguments point to the decline of the United States, Fukuyama finally added in an interview with Le Figaro that it is currently unpredictable who will win the Sino-US competition.

Fukuyama: Not enough information to understand the real situation of China’s recovery

Fukuyama pointed out that Trump’s fault was not forming a stronger Western alliance against Beijing, and Biden will reverse this situation, build greater unity among allies, and prevent “China’s progress.” But this will be a long struggle, “I’m not sure whether the West will definitely lose.”

When talking about China’s strength, Fukuyama also said that there is not enough specific information to understand China’s true recovery. In particular, there are many reports about the unemployment rate, which is said to be much higher than the government is prepared to admit; in recent days, major cities in China have implemented power cuts and curtailments. He believes that something is happening in China, but the outside world has no way to understand the real situation.

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Editor in charge: Deng Guoqiang

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