Neil Shearing, Group Chief Economist at Capital Economics, discusses why he believes the world is not deglobalizing on The Long View podcast. He explains the evolution of globalization, the impact of the global financial crisis, and the rise of China challenging US hegemony. Shearing highlights how the global economy is fracturing, not necessarily deglobalizing. He discusses the Western reaction to Huawei and doubts China’s ability to overtake the US economically due to their different alignments and challenges in technological development.
Read more at Morningstar: Why the Global Economy Is Headed Back to the 1930s
