“The idea of globalization was that rich countries would move further up the value chain, while the poor countries made the simpler things.”

 https://x.com/haugejostein/status/1981298308745150534

Jostein Hauge

@haugejostein

The current backlash in the West against China’s rise reveals an uncomfortable truth: wealthy countries support globalization when it reinforces existing hierarchies, but they resist it when it enables catch-up development. As JD Vance candidly stated at The American Dynamism Summit in March 2025: “The idea of globalization was that rich countries would move further up the value chain, while the poor countries made the simpler things.” When China moved up that value chain, wealthy nations ironically decried that the rules of trade weren’t fair any longer.

8:55 PM · Oct 23, 2025

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