World Economic Forum Pushes for ‘Global Economy’ Modeled After China

“Great Reset”-pushing World Economic Forum praises China’s “advanced” economy and its “promising forecasts.”

QUICK FACTS:
  • Earlier this month, the World Economic Forum (WEF), a globalist think tank spearheading the “Great Reset,” called recent inflation and economic distress in the world an “opportunity” to “lay the foundations of a resilient and sustainable world economy.”
  • WEF President Børge Brende wrote in his piece titled “How to accelerate and strengthen the global economy” that “global cooperation” is imperative for realizing his organization’s goals.
  • Børge insisted that a globalist economy will involve three strategies: “inclusive growth,” a “digital transformation,” and a “green transition.”
  • These strategies, according to Børge, should be modeled after China’s—a country he mentions five times in his piece—implementation of similar measures.
INCLUSIVE GROWTH:
  • Børge writes that “we must ensure global growth is more inclusive,” while pointing to China as an example of an “advanced” economy with “promising forecasts.”
  • The way for countries to be “more equitable,” according to Børge, is for wealthier countries like the U.S. to commit to redistributing their wealth to poorer ones, in Børge’s words, to “delivering sustainable investment to underfinanced economies.”
  • Børge praises China as an example of a country that “experienced a record $179 billion of investment flowing into the country,” even though significant proportions of these investments come from companies already partnered with the WEF, like BlackRock, who recently invested $1 billion for the first Chinese mutual fund run by a foreign firm.
DIGITAL TRANSFORMATION:
  • Børge says there needs to be a global digital transformation “because the global economy is undergoing rapid technological advancement and expansion — which the World Economic Forum has termed the Fourth Industrial Revolution.”
  • Børge praises China’s “14th Five Year Plan” because it “calls for the core industries of the digital economy to account for 10% of the country’s GDP by 2025.”
  • American Faith reported this week how the WEF is promoting a worldwide digital ID system that would allow for surveillance of data on individual’s online behavior, purchase history, network usage, credit history, biometrics, names, national identity numbers, medical history, travel history, social accounts, e-government accounts, bank accounts, energy usage, health stats, education, and more.
  • The Washington Post recently spotlighted China’s “finely crafted web of digital surveillance” in relation to the Beijing Olympics. The goal of China’s digital surveillance system, “experts say, is monitoring the whole of society, so avoiding state surveillance requires extreme measures — and even then, there is no guarantee,” according to WaPo. “Whether it’s WiFi sniffers or ID checks when you get on a train, book into a hotel, or simply go online, these are aspects of your life that you know could be tracked and analyzed,” said Maya Wang, China researcher at Human Rights Watch. “The aim is to make you feel watched, even when you are not.”
GREEN TRANSITION:
  • “Over the longer term, we must commit to going green because climate change is the most important challenge of our lifetime,” writes Børge, as he proposes reaching “net zero” climate emissions by 2050.
  • Børge says this “will require fundamentally transforming our economy,” meaning a transformation of modern capitalism, which has brought the highest living standard to the world and the most wealth to the most people. According to National Review, “In the last 20 years, for instance, capitalism has lifted more than a billion people worldwide out of poverty, while the share of people in developing countries living on less than $1.25 a day has been cut in half.”
BACKGROUND:
  • The World Economic Forum predicts that by 2030, world populations “will own nothing. And you’ll be happy” and that the “U.S. won’t be the world’s leading superpower.”
  • The WEF’s praise for China comes as the country is being accused of committing crimes against humanity and possibly genocide against the Uyghur population and other mostly-Muslim ethnic groups in the north-western region of Xinjiang.
  • Last week, the Dutch parliament became the first European legislature to call the Chinese treatment of its Uyghur Muslim minority a “genocide,” Politico reports.
  • MP Sjoerd Sjoerdsma from the coalition D66 party initiated the motion that declared the actions a genocide, calling on the government to follow suit.
  • “The detention camps where it is estimated that more than 1 million Uighurs and other Muslim minorities are locked up are so big that you can see them from space,” Sjoerdsma said before the vote, calling the encampment “the largest mass incarceration of ethnic minorities since World War II.”