I'm no expert, but this author kind of seems to me like an eccentric billionaire inventing a historical narrative as to why China's rise was inevitable based on some cherry-picked patterns, when the future is and always was much more chaotic than we want to make it seem in retrospect. They are beginning to move things out of China, and are bringing them on-shore, reversing the conflict of interest between the haves and haves-nots. and Europe the weaknesses of globalization. It's also sitting on a lot of bad public debt that's held through private companies in a unique socialism-with-Chinese-characteristics sort of way. I think they may exceed us, but keep in mind that China is about to undergo a *major* demographic shift. Investing with the dollar across many international funds (or whatever your investment strategy is) will provide you a lifetime of returns, using the dollar. Approx 3% of all world wide transactions are in Renminbi compared to 80% in the dollar, or close to it. If China is supposed to be the next threat to the world order the Renminbi would need to be widely accepted across the globe. The dollar is being tested today, as we speak, as a tool against Russia.

If you look at the changing world order today, the dollar is the most widely used currency in the world.

The changing world order is an interesting take on what MAY come. I liked the book since most of it describes what Investment/Personal behavior ‘Principles’ were founded when he grew Bridgewater to one of the worlds largest and successful hedge fund or investment firms. I read his book Principles a couple years ago.

Principles for changing world order