China’s ‘Communist Capitalism': a Monster Created by Economic Globalization

Chinese shipping containers beside a U.S. flag at the Port of Los Angeles in Long Beach, Calif., on May 14, 2019. Mark Ralston/AFP/Getty Images

Economic globalization has cast a huge shadow across the world. After the Chinese Communist Party (CCP) joined the economic globalization, it turned the process into a tool for its global domination. 

Many Western scholars believed, wrongly, that economic globalization would lead the CCP down the road of democratization. At present, the new trade policy of the United States tries to reduce the negative effects of economic globalization on the United States and guard against the CCP’s strategic warfare.

Is There Anything Wrong With Economic Globalization?

Economic globalization has always been regarded as the highest state of human society’s progress. In the eyes of some leftists, it has even been crowned as “political correctness.” Anyone who criticizes economic globalization is acting “incorrectly.”