In a forward-thinking and politically-charged Arvind Subramanian keynote speech the rising global presence of China is discussed.
The speaker is a senior fellow at the Peterson Institute for International Economics and the Center for Global Development who studies the way that the world's superpowers are constantly in a state of change.
His novel 'Eclipse: Living in the Shadow of China's Economic Dominance,' acts as the basis for the information provided in the discussion, and the speaker describes the way that the geopolitical game is no longer being lead by the United States. He argues that the rising economic capital of the Chinese nation will cause the country's native currency to swiftly overtake the American dollar.
The vulnerable nature of the American nation and the inability to believe that the country could be surpassed is what the speaker cites as one of the core reasons that they are soon to be overtaken.