Friday , November 15 2024
Home / Mike Norman Economics / Why does the West think China wants global hegemony? — David P. Goldman

Why does the West think China wants global hegemony? — David P. Goldman

Summary:
Projection.China do not seek world hegemony since the Chinese are aware that their civilization is not exportable. It is uniquely Chinese.In a sense, China’s strategic use of infrastructure, physical as well as digital, bespeaks a certain continuity from the Qin era. Massive investment in flood control, river transport and irrigation created China, and the export of Chinese infrastructure well may hard-wire a great deal of the world into China’s economy.But China is indifferent to how we barbarians govern ourselves. Elsewhere Professor Wen has compared the character of the Chinese, a settled people for thousands of years, to that of Westerners, who (as he put it) only recently walked out of the jungle.…Asia TimesWhy does the West think China wants global hegemony?David P. Goldman

Topics:
Mike Norman considers the following as important:

This could be interesting, too:

Michael Hudson writes Beyond Surface Economics: The Case for Structural Reform

Mike Norman writes Oh no…Eva Langoria leaving the U.S.!!!

Merijn T. Knibbe writes Argentina bucks the trend. Vitamin A deficiencies are increasing

Mike Norman writes Wishful Thinking

Projection.

China do not seek world hegemony since the Chinese are aware that their civilization is not exportable. It is uniquely Chinese.

In a sense, China’s strategic use of infrastructure, physical as well as digital, bespeaks a certain continuity from the Qin era. Massive investment in flood control, river transport and irrigation created China, and the export of Chinese infrastructure well may hard-wire a great deal of the world into China’s economy.

But China is indifferent to how we barbarians govern ourselves. Elsewhere Professor Wen has compared the character of the Chinese, a settled people for thousands of years, to that of Westerners, who (as he put it) only recently walked out of the jungle.…

Asia Times
Why does the West think China wants global hegemony?
David P. Goldman
Mike Norman
Mike Norman is an economist and veteran trader whose career has spanned over 30 years on Wall Street. He is a former member and trader on the CME, NYMEX, COMEX and NYFE and he managed money for one of the largest hedge funds and ran a prop trading desk for Credit Suisse.

Leave a Reply

Your email address will not be published. Required fields are marked *