The intensity of the debate on “who is the losing ...
The relationship between economic growth and income distribution in the process of globalization also plagues the direction of economic globalization.In the current round of globalization，disputes like “who is the winning side”，“who is the losing side” and “who wins the most” kept on emerging.The United States believes that it is the losing side due to “its concessions and sacrifices”.While，with the rise of China ’s economy，China is considered the biggest winner.However，what is puzzling is how the United States becomes a losing side since the current round of economic globalization is led by the United States，and global multinational companies are also dominated by the United States，not to mention the international currency status of the US dollar and its dominant position in the global investment and trade rules.Moreover，with the development of economic globalization entering a new stage of global value chains specialization，China is also in a lower position.Therefore，under the growth mode dominated by low-cost labor and processing trade，which is also one of the reasons why the remuneration of urban and rural residents has been relatively low for a long time，how can China obtain “maximum benefits”？ This is also a question worth considering.Obviously，the fierce controversy over “winning or losing” and “win-win” issues in the process of globalization has greatly influenced the current global investment and trade policies and the development trend of globalization.