The most important dimension in globalization: Economic, and why?/Yang Ruixin

Out of the three dimensions of globalization: cultural, political, and economic. I think economics is the most important, in my opinion, economic interests can to a large extent drive cultural development and policy change! Today's trade globalization is the concrete manifestation of economic globalization.

Take China for example, how big is the impact of economic globalization on China's economy? The inflow of foreign capital and the development of capital directly promote the rapid growth of China's economy. During the 40 years from 1978 to 2018, China's GDP grew by 9.4 % per year. 

Not only the economy, but China has undergone earth-shaking changes in all aspects. The entry of foreign-funded enterprises has made many Chinese come into contact with foreign business management models and ideas,Make more Chinese have a strong interest in the culture of other countries. People's income is higher, the thought is more open, has the economic condition to realize the dream of going abroad for further study. The increase in the number of students studying abroad and immigrants has laid a deeper link between countries.

Korea after realizing the successful cultural export, the government proposed to vigorously develop the cultural industry, and the economic benefits brought by the cultural export to Korea should not be underestimated. If there were no such economic benefits, would the development momentum be so rapid? Will policies be culturally skewed? The benefits of trade globalization not only change national ownership but also promote the transformation of national policies.

China's initiative to build a "Belt and Road" led to a sharp increase in direct investment to foreign. In 2018, China's foreign direct investment amounted to $143 billion, Now that more than 80 percent of the world's countries have Chinese investment, and these direct economic ties are increasingly embedded each country's financial markets and the world's major financial centers in the same world financial system, Not only can achieve economic win-win, promote the spread of culture, but also successfully win mutual concessions and support in international politics. Complex interest networks link the fate of different peoples and communities, and few countries can keep themselves out of the workings of the world's financial markets.

With all due respect, there is no forever friend between nations, only forever interest.

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