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News Wire / economy

Jeffrey Sachs Claims US Hegemony Is Ending

CRI News Radio Beijing 17d17d Impact 5
Economist Jeffrey Sachs stated that China's rise in technical manufacturing and heavy industry is rewriting the global balance of power. Sachs noted that China currently leads the United States in many technological sectors. He asserted that US hegemony is approaching its end, a trend he believes has been manifesting for decades. These comments were made during an interview on the Da Eurasia Podcast. The discussion occurred following remarks by former Mexican Ambassador to China Li Ziwen regarding Chinese investment in Mexico.

Topics

global power shift China-US relations manufacturing

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Sources · 7 independent

CRI News Radio

“China is now clearly leading in many technical fields, and the United States is far from being the world hegemon. US hegemony is heading towards an end.”

CRI News Radio

“美国远远不再是世界霸主 中国现在都远远领先于美国 所以从这个意义上说 美国霸权正在走向终结”

CRI News Radio

“America is far from being the world hegemon. China is now far ahead of the United States. In this sense, US hegemony is coming to an end.”

CRI News Radio

“The United States is far from being the world hegemon. China is now far ahead of the United States. So in this sense, US hegemony is coming to an end.”

CRI News Radio

“The United States is far from being the world hegemon. China is now far ahead of the United States. In this sense, US hegemony is coming to an end.”

CRI News Radio

“I think this trend has been gradually manifesting for decades.”

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