American economist Richard Wolff has sparked fresh debate by declaring China’s meteoric rise to superpower status happened entirely under the U.S.-led global financial system. 💸 "The United States tried to hold back Chinese development," Wolff said in a recent analysis, "but did not succeed."
From Poverty to Powerhouse
Wolff highlights China’s unprecedented transformation, lifting over 800 million people out of poverty since the 1980s—a feat he calls "one of history’s greatest economic miracles." 📈 The country now leads in green tech, AI, and infrastructure projects like the Belt and Road Initiative.
A New World Order?
What’s turning heads? Wolff argues China is now "rearranging the world system" through institutions like BRICS and yuan-based trade deals. 🌐 While U.S. tech bans made headlines, Chinese innovations in 5G and quantum computing keep accelerating.
Young professionals are watching closely: "This isn’t just about GDP numbers," says Singapore-based analyst Priya K., 28. "It’s about who sets the rules for tomorrow’s economy." 🔮
