Researchers led by a Waterloo Engineering professor argue in a new study that reports of globalization’s death are premature.
Dr. Victor Cui worked with collaborators at the University of British Columbia and the China Europe International Business School in Shanghai on findings that challenge widespread assumptions that the rivalry between the United States and China - recently highlighted during the Chinese spy balloon crisis - can only further escalate and split the world into two hostile camps.
Victor Cui is a professor at the Conrad School of Entrepeneurship and Business.
Cui, a professor at Waterloo’s Conrad School of Entrepreneurship and Business, said analysis shows that most likely isn’t going to happen.
“First, the potential economic cost of doing this is too high for the U.S., China, their allies, and the entire world,” he said. “The breakdown of globalization ultimately hurts consumers, which we are all experiencing too well. Globalization is not over.”
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