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Showing posts with the label Economic Ascendancy

China’s Economic Triumph: Navigating Geopolitical Undercurrents

China’s Economic Triumph: Navigating Geopolitical Undercurrents China’s rise to a $17 trillion economy by 2023 defied geopolitical barriers that constrain the Global South. Through 80% strategic design and 20% serendipity, China overcame colonial legacies with land reforms and SEZs, neutralized dollar dominance with $3.4 trillion in reserves and yuan trade, and bridged the tech divide via “Made in China 2025.” It led in renewables, countering environmental exploitation, and built military strength to balance U.S. dominance. Cultural revival and global governance engagement, via AIIB and RCEP, challenged Western hegemony. The BRI secured global influence. Grassroots currents—300 million SEZ migrants and 10 million tech workers—amplified state policies. Amartya Sen notes, “China’s political strategy unlocked economic freedom” (Development as Freedom, 1999), offering a blueprint for navigating geopolitical undercurrents. Imagine a global economic arena where the rules promise fairness...