The future of globalization is no longer strictly a westernized construction. In fact, the economic fate of the world may soon be made in China. The Chinese World Order looks at the country's ambitious efforts to reshape global economics.
The World Bank and the International Monetary Fund may no longer be the most influential players in international finance. In 2015, the Asian Infrastructure Investment Bank was born as a means of financing a revolutionary infrastructure project spearheaded by China. The project, known as One Belt One Road, will open the door to unprecedented avenues of world trade, and will place China at the epicenter of it all. Many countries including France, Germany, the Netherlands, Iran, Turkey and Pakistan have joined. Much to the chagrin of the United States, the United Kingdom has climbed onboard as well.
What are China's ultimate motivations, and how are they going about achieving their goals? The filmmakers attempt to interpret ancient Chinese history, as well as the values and cultural distinctions that drive their current global ambitions. In contrast to the U.S., they're not purely driven by monetary reward, and they're not following the long accepted western model. They have no interest in forcing opposition countries to join in their cause. If the U.S. continues to harbor disdain for their efforts, they are content to continue forward without American support, and to set an example by which other countries are keen to follow.
It's working. China's scope of influence is quickly eclipsing that of the U.S. as their culture is beginning to infiltrate every aspect of global society from education to finance to sports entertainment. The U.S. remains stagnant while China continues to build momentum on the world's financial stage. Meanwhile, the U.K. is stuck in the middle between the two top global superpowers.
A new world order led by China seems inevitable, but there could be signs of worry and decay on the horizon. After enjoying many decades of delirious growth, The Chinese Central Bank announced devaluation of their currency in 2015. If the Chinese economy should weaken to a substantial degree, could it herald a catastrophe felt across the globe?
The Chinese World Order is an eye opening expose that illuminates a rapidly shifting balance of power.Directed by: Jos de Putter