Is The World Deglobalising?
De-globalizing certainly helps in all round development of all countries and allows for much more dynamic relationships between countries. It helps build local economies and lets countries make best use of local resources. What Globalization <i>should</i> have been is a butter smooth system to trade goods and services.<p>Concentrating all manufacturing in China leads to power centralization, as is evident, and forms the basis of creation of another hegemony.<p>The effectiveness of military power goes only so far. There is no realistic scenario where the US and China go to war. So China has great leverage and will continually nibble its way to global dominance.