The geo-economic expansion of China has presented challenges for the developed economies of the United States and Europe. In addition to direct competition and rivalry, China’s emergence has had more subtle effects that investors need to consider.
Chapter 6 of Geo-Economics: The Interplay between Geopolitics, Economics, and Investments focuses on the economic and political rivalry between the United States and China and on how the trade war and the geo-economic competition between China and the rich countries of the West might develop. The changes in China provide a direct challenge to the global economic influence of developed countries and have caused a lot of irritation in some places. An example reaction to China’s demands for its rightful place at the table of great economic powers is the trade war initiated by the United States, but other, more subtle developments are taking shape today.