Is the US’s high-tech peak built on a brittle base? China’s industrial might reveals a critical divergence in long-term technological resilience and potential.
The systematic dismantling of the nation’ industrial base is not an accident—it is the triumph of financial capital over industrial capital.
Falling prices in China look alarming to Western eyes. But this deflation reflects supply-side strength and industrial transformation, not economic collapse.
China’s 14th Five-Year Plan (2026–2030) outlines a vision of “Chinese-style modernisation” focused on tech self-reliance, green growth, and domestic resilience.
Former PBOC Governor Zhou Xiaochuan analyzes the US dollar’s inherent “twofold dilemma”—wanting a weaker currency for trade while maintaining its global dominance. He explores four potential challengers—the euro, renminbi, SDR, and digital currencies—and the opportunity for a new, multipolar international monetary system.