Based on the interpretation of wealth, the global economy is changing fundamentally, because the law -based market order, which has been ruling for eight decades, replaces that trade is increasingly becoming a geopolitical weapon. Indexbox data shows that China now controls more than 75 % of global lithium -ion battery production and almost all gallium resources, and highlights its strategic mastery in critical sectors.
Also Read: The Impact of Geopolitical Tensions on International Trade
Cristalina Georgia, head of the IMF, warns that it divides the fragmented world into competing blocks. The illusion of the post -Cold War has collapsed from its regulatory markets and has replaced a war economy’s mentality in which it eliminates efficiency security. The Russian -Ukraine clash and the rise of China’s economic rise have accelerated the change, although Europe’s dependence on Russian gas and Chinese green technology show vulnerability.
US National Security Adviser Jake Sullivan now supports strategic capitalism because nations prioritize cost control. The recent EU admission of 15 % tariffs on a trade deal with the United States emphasizes this new fact. Europe is trying to diversify the supply chains, and Germany is revising the “Wandel Durch Handel” approach and a Chinese investment screening.
This article calls for the creation of “NATO for trade” – new institutions to protect economic sovereignty through trade laws, joint ventures, and collective security chain security. With the death of market liberalism, the West must rebuild world trade with strategic conditions to maintain the boom in this new geopolitical period.
Source: Indexbox market information platform
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