To be honest, the two share quite a lot of similarities. Back in the Qing Dynasty, China was complacent and trapped in the illusion of being the supreme Middle Kingdom. Though it boasted a large economic volume, it had already fallen behind Europe. Today’s Europe is in much the same state, clinging to the glory of its past. It keeps trying to lecture China and other Global South nations on how to run things, while many of its once-dominant industries are now on the decline. Europe ought to count its blessings that the era of colonial expansion is long gone.
🇪🇺🇨🇳 The European Union's share of the global economy has fallen from 30% to 17% in just 17 years.
That's roughly the same relative decline China experienced during the Qing Dynasty.
The difference?
China took about 50 years.
Europe did it in 17.
For decades, Europe helped shape the global economy, global institutions, and the rules of the international order.
Now it's increasingly adapting to a world being shaped by others.
The real question is whether Europe still knows how to stop it.
Source: legrandcontinent, Counter Intelligence Global (Telegram)