The international balance of power is changing in ...

The international balance of power is changing in the process of globalization

The relationship and the gaming development between major powers are undergoing profound transformation and adjustment.The historical process of economic globalization is facing many new uncertainties.As we all know,with the development of this round of economic globalization,developed countries have achieved substantial and real benefits,and in the meantime,many emerging countries and economies have also realized great development in the process of participating in economic globalization.Therefore,economic globalization is changing the balance of power between developed and developing countries.After the financial crisis,the economic power of traditional big and developed countries is affected to some extent.In addition,the internal economic development problems and social structure of these countries are also changing.These changes are profoundly altering the status and role of these countries in the international system.In particular,a series of impact effects triggered by Trump Green New Deal in the United States are causing profound changes in China-US relations,US-Russian relations,China-Russian relations,China-US-Europe relations and other international relations.Up to now,the relations between these major powers have not yet been finalized and mature,thus affecting the direction,speed and process of economic globalization.

In short,after nearly 20 years of rapid development,the last round of economic globalization has reached a new historical stage.Factors such as external shocks,structural dilemmas,industrial transfer and hollowedout development,rising global inequality,deterioration of labor-capital relations,defects in global economic governance,and profound changes in international power and comparative relations affect and even change the process of economic globalization in a deeper and more meaningful way.The development trend of economic globalization will not change,but the connotation,speed and structure of economic globalization will undergo profound changes.We should understand and grasp the future trend and direction of economic globalization from a deeper level,such as the historical laws of economic globalization and the new changes in world political and economic relations.