An Economic Electronic Encyclopedia to the Dragon’s Digital Dynasty complete with 1,000 supporting unique images.
Each province’s digital economy has been broken down into eleven Fourth Industrial Revolution technological sectors of AI, 5G, blockchain, electric/autonomous vehicles, renewable energy, robotics, 3D printing, virtual/augmented reality, drones, smart cities, high-speed rail, and the Belt and Road Initiative (BRI).
America can no longer suppress the scale of the Chinese challenge. The Belt and Road Initiative, Made in China policy (confirming Chinese control of domestic Artificial Intelligence), trade war, and Co-vid have emphatically revealed that the Chinese Century is ultimately unstoppable.
China is now only a handful of years from reclaiming global economic leadership as the world’s biggest economy. The world will decisively change to reflect this historic paradigm shift.
The world (and in particular the US and India) is going to need to conclusively understand the Chinese Fourth Industrial Revolution to comprehend the New World in order to compete. This is a globally historic phenomenon not witnessed since the British assumed global power from China and heralded the Western world order.
Hitherto China (and India) had dominated ancient global economic history (a minimum 60% share by PPP) until at least 1820 (and 60% by GDP still at this point) with the Old Silk Road the global economic commercial trading framework and earliest form of globalisation. The Chinese are the ancient ancestors of capitalism pioneering the likes of paper, block-printing, the compass, gunpowder, and silk for example across China’s iconic over 5,000-year history.
The birth of the industrial revolution catapulted Britain to power and the US harnessed further industrial revolutions to succeed Britain and then defeat the Soviet Union to retain global hegemony.
The Fourth Industrial Revolution however will be equal to multiple industrial revolutions in its scale such as equivalent to the impact of steam engines, robotics, and the internet combined and will be led by the Chinese to assume a new Asian world order (in partnership with India) through the Belt and Road Initiative ushering in the Chinese Century and a wider Asian Century.
By 2050 China will enjoy a lead by GDP of around $16 trillion that will be greater than any historical American advantage in the perceived American Century and the size of the entire American economy by 2012. India will be almost as close by this point to America by GDP as China is now and will be far clear by PPP (with significant pressure from around 2030). It will be India, not the US, that will be China's closest competitor in the second half of the 21st Century. Indonesia will be the fourth largest economy while by 2030 Asia will have half of the world’s top 30 economies by GDP.
Mandarin also therefore will assume global linguistic primacy (out of commercial necessity at a minimum) and Chinese culture will need to be studied just as Western culture was to understand American capitalism and American super-consumers.
The Chinese Economy will be the largest in the world by 2025 at the latest (and 55% of GDP digital at around $12 trillion from a global-leading over 9.5% annual expansion driving almost 70% of GDP growth), $30 trillion (GDP) overall by 2030, and $50 trillion-$60 trillion (GDP/PPP) by 2050.
The Chinese Fourth Industrial Revolution will change the world and this comprehensive guide to the Chinese Digital Economy is for any CEO, investment banker, entrepreneur, market analyst, venture capitalist, and businessperson that wants to help make history.
The future has been designed in China and the Dragon's Digital Dynasty is ready to go global.
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