March was a month of global discussions on democracy. Two weeks ago in Beijing, at the second International Forum on Democracy as a common human value, around 300 politicians and scientists from more than 100 countries and regions discussed the right of each country to choose its own model of democracy. China believes that its economic and political model is the best for its development, but that each country must find its own way to organize its economy and politics.
Since 2013, China has been a world leader in the UN in launching initiatives to improve economic globalization, for fairer global development, for indivisible global security, and for a new world order that prioritizes the interests of humanity over the geopolitical interests of great powers, while the latest global civilizational initiative calls on all countries to be tolerant of countries with different cultures and political systems and to refrain from imposing their own values or models on others in the name of democracy, as this destroys the essence of democracy.
This could be a message to America, which considers its type of democracy to be the perfect model for the international order and other countries, while labeling those countries that do not follow this arrogant Washington policy as autocratic and dangerous for the international order and a threat to the Western system of free trade and the rule of law.
The second International Forum on Democracy strongly opposed this relatively new trend of dividing the world into autocratic and democratic states because this path leads to the creation of new economic and military blocs, reduces the number of neutral countries, and increases the chances of bloc military confrontations.
Already after 2017, US-China relations moved out of that happier phase when US presidents led policies of integrating China into the global economy and world governance. Today, America is working on the economic and strategic suppression of China.
Last year, it adopted several laws that are hostile to China, economic globalization, free markets, the interests of American capitalists, but also the economic interests of the European Union, South Korea, and Japan.
The Biden administration overestimates its own power to decide on the deglobalization of China and the forms of China’s involvement in the global economy. The future of economic globalization depends on China as much as it does on America. Both countries are the main pillars of today’s global economy, and China, like the US, has the power to decide how deeply it wants to be globalized. Since 2000, China’s index of exposure to the world (trade, technology, and capital) has been falling, while the world’s exposure to China is increasing.
