We are now already witnessing that the USA is feeling dramatically challenged by China. This is because China’s economy is picking up speed faster and faster, and moving more in the direction of high-tech innovation – which so far has been a domain of the United States.
On the other hand, China is observing that the international system, long shaped by Pax Americana, is increasingly less able to respond to complex global challenges. It is here that China intends to follow in the footsteps of the USA – and it is a role that it is increasingly able to fill.
Our white paper looks to its roots beyond the current trade dispute, because only those who take into account the great historical and cultural – but also systemic – differences between the two competitors will grasp the battle lines being drawn in the fight for a new world order: One that will be greatly shaped by AI and Big Data. For this comprehensive analysis, Vontobel worked closely with the internationally renowned think tank, the Eurasia Group, known for its in-depth geopolitical risk analysis and global network.