Although English was denounced as a language for the Bourgeoisie and imperialist during the Cultural Revolutionit is viewed as a necessary tool in China's modernization and integration with the world. There's a movement to revive Chinese national studies, which is about Chinese culture, and of course, with the Ecological Civilization policy, enormous emphasis on environmental preservation, repairing the environment, and adopting forms of renewable green energy, green finance for a future that can be sustainable, both in terms of environmental sustainability, and cultural heritage sustainability.
Many influencers are starting to question whether if in China globalisation is causing business culture to separate from tradition — and if so, the impact this would have on established business practice. We are looking at a country that is very integrated and very synergic, and a country that is actually setting and driving trends, rather than following them.
However, the current issue businesses must confront, in the face of deglobalisation, is how to maintain a balance when dealing with global development on one hand, and a global populous that is becoming increasingly sceptical of international business.
Along with this shift came the creation of four Special Economic Zones, areas of the country that are affected by favorable business laws aimed at increasing trade, investment, and job creation.
The geopolitical consequences of this realization could be very profound indeed.
In that respect, you see a rise here in all kinds of interest in Buddhism, Daoism, many different aspects of meditation, yoga, kung fu, tai chi - all of these now are integral parts of the Chinese lifestyle. The opinions expressed here are those of the writer and do not represent the views of China Daily and China Daily website.
A billion people may have been lifted out of poverty, but only to find themselves living under cyber-totalitarianism. More broadly — with a few exceptions, mainly in Eastern Europe, where democracy did take hold current problems notwithstanding — capitalism has expanded since the end of the Cold War in spite of democracy, not alongside it.
As the ideas of reciprocity and benevolence indicate, cooperation is a better way to succeed.