![\"\"](\"https:\/\/selena.com\/wp-content\/uploads\/K.Domarecki-i-prof.-Bogdan-Goralczyk-221020AB_295-1024x683.jpg\")
The panel participants concurred that the last several decades have seen China grow enormously in almost every area of life. Prof. Bogdan G\u00f3ralczyk (political scientist and sinologist) <\/strong>stressed that especially over the last 5\u20137 years China\u2019s growth has been spectacular and certainly underestimated by politicians, especially American ones. \u201cThe 20th National Congress of the Chinese Communist Party speaks about \u201ca new era\u201d of the country. Indeed, we must recognize the fact that we are living in a new age globally. All the processes that we are now witnessing \u2013 Russia’s aggression of Ukraine, the dispute over Taiwan, media and ideological wars, and competition in cyberspace, affect, not only economically, every part of the globe.<\/em><\/p>\n\n\n\n This view was also shared by Krzysztof Domarecki: <\/strong>\u201cWe are observing a multi-level conflict, going from politics, to a dispute over values, through to competition in space.<\/em> And it was relatively recently, perhaps some 20 years too late, that we discovered how strong a contender China is. There is basically one conclusion that we can draw here: decoupling, which is inevitable in the immediate future, is not going to harm China. From their perspective, the process will be quite limited, and the demand for raw materials and components will continue. Decoupling will in the first place hurt the U.S. stock, and consequently U.S. retirees, who rely on the value of their shareholdings and dividends. And the only thing we can predict now is absolute instability,\u201d <\/em>he added.<\/p>\n\n\n\n In addition to Krzysztof Domarecki and Prof. Bogdan G\u00f3ralczyk, the panel was attended by: Katarzyna Kacperczyk (SGH Warsaw School of Economics, former Deputy Minister of Foreign Affairs) and Prof. Yu Bin (Russian Studies Center of the East China Normal University, Shanghai). The discussion was moderated by Ma\u0142gorzata Bonikowska, PhD (Center for International Relations).<\/p>\n","protected":false},"excerpt":{"rendered":" Decoupling, or ending the economic dependencies between the U.S. and China, will undoubtedly be one of the most difficult experiences for all humanity. Participants of the debate on the economic rivalry of these global players, while emphasizing their multi-layered ties in almost every sphere, noted the mutual benefits that the two countries derive from this relationship.\u00a0<\/p>\n","protected":false},"author":3,"featured_media":18084,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"categories":[100,1],"tags":[],"class_list":["post-18154","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-global-experience","category-news"],"acf":[],"yoast_head":"\n![\"\"](\"https:\/\/selena.com\/wp-content\/uploads\/Selena_Forum-Krynica_2022_A-1024x683.jpg\")