The landscape of globalization is undergoing a profound transformation. Professor Wang Wen of the Chongyang Institute for Financial Studies at Renmin University of China envisions a future where the world embarks on parallel paths of globalization, distinguishing between the West and the non-West.
According to Professor Wang, the traditional model of globalization is giving way to a new paradigm shaped by a variety of complex forces. Amid a high-tech cold war, nations are grappling with competing interests in technology and innovation. Yet, despite these tensions, there is potential for cooperation on pressing global issues like climate change.
High-Tech Cold War and Its Implications
The rivalry in the high-tech sector is intensifying, leading to what Professor Wang describes as a “high-tech cold war.” This competition is not just about market dominance but also about setting global standards and norms for emerging technologies such as artificial intelligence and 5G networks.
“The division in technological advancements is creating distinct blocs,” notes Professor Wang. “This divergence could lead to separate ecosystems in technology and digital infrastructure between the West and the non-West.”
Potential for Climate Cooperation
Despite the divisions, climate change presents an opportunity for collaboration. Professor Wang emphasizes that environmental challenges transcend national borders and require a collective response. “Climate change is a common threat that necessitates global cooperation. The West and non-West must find common ground to address this urgent issue,” he says.
Coexistence in Security
Security concerns remain a significant factor in international relations. Professor Wang suggests that while there may be competition, there is also room for coexistence. “A new global order can emerge where different systems and values coexist, maintaining peace and stability,” he explains.
Forces Driving a New Global Order
Several forces are shaping this new global landscape. Economic shifts, technological advancements, geopolitical strategies, and cultural exchanges all play pivotal roles. Professor Wang asserts that understanding these dynamics is crucial for navigating the future.
“We are witnessing the rise of parallel globalization, where the West and non-West pursue their paths while remaining interconnected,” he concludes. “Embracing this reality will be essential for fostering global harmony and progress.”
Reference(s):
cgtn.com
