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China's history is marked by thousands of years of world-changing innovations: from the compass and gunpowder to acupuncture and the printing press. No one should be surprised that China has re-emerged as an economic superpower.

Globalisation has powered economic growth in developing countries such as China. Global logistics, low domestic production costs, and strong consumer demand have let the country develop strong export-based manufacturing, making the country the workshop of the world.

Spiraling demand for resources of which our world contains a finite supply is the great long-term threat posed by globalisation. That is why we need new technology to relieve it.

The global realignment is accelerating the migration of growth and wealth dynamics from the industrial world to the larger emerging economies.

This is not bad, but the pace of globalisation has surpassed the capacity of the system to adjust to new realities of a more interdependent and integrated world.

The current global landscape is quite different from the not-too-distant past. The process of globalization has intensified, and the world is moving towards new forms of governance.

The whole world is determined by trade - which is really the blood of the world. The driving force is everyone's desire to have a better life. How? By consuming. For countries, the 'Holy Grail' is economic growth.

There is a huge shift taking place in the global awareness in the last 5 years with strong views about globalization and the power structures of major corporations.

Even as China's growth slows, it will continue to be a powerhouse for the global economy.

Globalization, far from putting an end to power diplomacy between States, has, on the contrary, intensified it.