Everywhere you look, you can see the decline of Western hegemony, as the world is increasingly multipolar. Ben Norton analyzes the rise of China, development of Global South economies, and increasing unity in Asia. A symbol of this was the historic ASEAN-GCC-China Summit held in Malaysia, which supplements BRICS in pursuit of dedollarization, South-South economic integration, and infrastructure construction.
VIDEO: https://www.youtube.com/watch?v=nRGkCw-Sqk0
Topics
0:00 Weakening US dominance
0:22 Industrial production
0:46 China is world's largest economy
1:22 Decline of Western hegemony
1:53 Rise of Global South
2:45 Global South is Global Majority
3:44 Trump is accelerating US decline
4:28 BRICS expansion
5:46 ASEAN-GCC-China Summit
7:21 ASEAN
7:41 Southeast Asia's population
8:54 Southeast Asia's economy
9:41 GCC (Gulf Cooperation Council)
10:50 ASEAN-GCC-China Summit joint statement
11:26 ASEAN's trade with China
11:47 RCEP
12:22 Palestine
12:54 Opposition to Trump's tariffs
13:44 De-dollarization
14:57 Petroyuan challenges petrodollar
16:09 Infrastructure
16:32 Belt and Road Initiative (BRI)
16:57 New Silk Road
17:32 Railroads linking China to SE Asia
18:59 Energy
19:54 China: world leader in renewable energy
20:08 China's solar power capacity
20:44 China's affordable green energy tech
24:38 Nuclear power
27:16 Other issues discussed
27:55 Multipolarity
28:41 The ASEAN Way
29:35 Cautious optimism
30:31 Global South-led alternatives
31:05 Outro
