Characteristics and Implications of the Current International Situation

Lixing Zou, Xinyue Zou

Abstract


This article delves into the characteristics of the current international situation and the implications for us. The escalation of the Russia-Ukraine war, as well as war in Israel and Gaza, is intensifying global changes, exacerbating geopolitical and global supply chain adjustments. The U.S. "Indo-Pacific strategy" is accelerating its shift towards the East, rallying traditional allies and some forces near China, increasing containment against China, fostering the expansion of extreme nationalism, and adding to global uncertainty and confrontational sentiments. The U.S. and Europe are aiming to establish new trade rules, attempting to exclude China from strategic supply chains, and increasing risks to the global economic system. Influenced by the laws of development, China and the world are inseparable. The instinct for survival and development sparks China's strong sense of independence and autonomy, leading to the development of new systems, markets, and supply chains. The world is likely to trend towards a stable state of "dual polarity." China and the United States are mutually interdependent and cooperative, and they have an irreplaceable impact on the global socio-economic and political order. Both of them need to enhance strategic insight, uphold constructive dialogue, and attach great importance to strategic artistry in order to steadily progress.


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DOI: https://doi.org/10.5430/ijfr.v14n4p1

Creative Commons License
This work is licensed under a Creative Commons Attribution 4.0 International License.

This journal is licensed under a Creative Commons Attribution 4.0 License.


International Journal of Financial Research
ISSN 1923-4023(Print)ISSN 1923-4031(Online)

 

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