"Mr. Jiang, this is the first time I've heard of this kind of opinion," Liang Mengsong said with his right hand holding his chin.

"Globalization is widely admired as a term that describes the interconnectedness of the world at a faster pace and intensity. In fact, globalization has always existed, such as the Silk Road and other trade routes. But in the 21st century, due to the breakthrough development of the Internet and express delivery, this trend has become more obvious. As with all large-scale armed conflicts and incidents, there are some advantages and disadvantages to globalization," Jiang Hui continued.

"One of the benefits of globalization is that it promotes the economic development of developing countries. This has to do with the nature of the global market. In the 19th century, if the products manufactured in the Celestial Empire were to be sold to the United States, they could only be transported by sailing ships through the Pacific Ocean, which was too inefficient and too risky.

This means that no matter how good the U.S. economy is, the Celestial Empire economy cannot benefit from it because the two countries are too far apart. But with globalization, developing countries are also able to manufacture products and buy them from developed countries. This means helping developing countries to create wealth by making money from abroad. ”

"But does this create a problem, and that is the loss of jobs in developed countries? While globalization has brought a great deal of jobs and foreign capital to developing countries, it has had the opposite effect on developed countries.

Manufacturing jobs in the United States and Canada, for example, have been dramatically reduced by globalization. As a result, many people believe that developed countries are bringing more jobs to the inhabitants of developing countries at the expense of their labour markets."

"On the economic front, due to globalization and deregulation, the restrictions on the self-reproduction of capital have been relaxed, and economic development has begun to be cyclically strengthened like technology, expanding to every corner of the earth like a virus. As growth accelerated, the life cycle of a company also shortened: in 1920, the average lifespan of a Dow Jones company was 67 years, and in 2007, that figure was 15 years.

Everything is frighteningly fast, and the market is changing like a marquee. Want a stable white-collar job for 30 years? Are you sure the company will survive 30 years?"

These effects have made ordinary people in the United States slowly grow tired of globalization and see it as an obstacle to their development. Resist globalization, bring industry back to the United States, return to traditional American values, and curb the global flow of capital. I think it's going to become a trend in the U.S.," Jiang said.

"I think what you said should be just an individual phenomenon, just like the Industrial Revolution destroyed the traditional life of countless European peasants, and brought countless oriental goods and black slaves from the Age of Discovery, so the yeoman farmers very much want to smash modern factories, burn dirty cities, beat up Asian and European immigrants, and return to a beautiful rural life.

But did they succeed? No!

Some farmers became laborers, others died in poverty guarding their fields, but many more chose to go to the New World to farm and become the ancestors of rural farmers in the United States," Liang retorted.

"When the world was in the Cold War, the relationship between globalized countries was roughly divided into two types, friend or foe. And after the fall of the Berlin Wall, there was only one kind of relationship between globalized countries, competitors. In other words, compared with the arms race, economic development has become a new proposition in this world.

Since there are competitors, there are bound to be winners and losers. Although it cannot be said that the United States is the loser in this competition, there is no doubt that the Celestial Empire has gained more benefits in this competition, just look at the foreign exchange reserves and trade surpluses," Jiang Hui said.

"Since the mid-'80s, the U.S. trade deficit has remained high, with all but a few years of more than $100 billion. I think the reason for this is that the United States itself has nothing to do with globalization.

The fastest-growing industry in the United States is the high-tech industry represented by the information industry, and the United States ranks first in the world in the fields of technology, information, finance, insurance, and other service trade. In order to meet the needs of the American public for basic consumer goods and part of the means of production of the national economy, while protecting domestic resources and the environment, the United States must import a large amount of natural resources, raw materials, consumer goods, and other manufacturing products.

In addition, the United States has a relatively large comparative advantage in the production and export of high-tech products, especially the export of aerospace products, which has played an important role in alleviating the US trade deficit. However, after the 911 incident, the United States tightened export controls on high-tech products.

The U.S. Department of Commerce's Bureau of Industry and Security has established a rigorous and comprehensive set of export control regulations for high-tech products and technologies. Through thousands of pages of carefully crafted documents, data, and systems that distinguish the export practices of individuals and organizations by process, classification, legal system, and country, all technologies and products that involve U.S. origin and U.S. intellectual property are regulated.

The combination of these two factors has led to the persistence of the US trade deficit," Liang continued.

"You're right, but ordinary Americans don't tell you that much when they vote, they just know that in the development of globalization, there are fewer job opportunities for them. For the sake of these people's votes, I think it's possible for those candidates to make any strange promises."

"Your analysis has directly hit the core of US policy, and this is also a problem under the so-called democracy." Liang Mengsong has nothing to say about Jiang Hui's analysis.

"I said that you two, shouldn't you discuss chip-related content, why do you talk about globalization", watching Jiang Hui and Liang Mengsong talk for a long time, Mrs. Liang interjected.

"That's right, I'm here to invite Dr. Liang to Guanghui Chip to fully preside over the research and development work, and it has nothing to do with globalization or not, and it has nothing to do with it in a short period of time," Jiang Hui said with a smile.

"Mr. Jiang, Mr. Jiang also called me yesterday, and I have to say, you are really generous, 10 billion US dollars, you will throw it away, you are not afraid that this money will be thrown out without even any movement?", Liang Mengsong said.

"If some state-owned enterprises come to do it, and 10 billion US dollars are thrown out, it is really hard to say what the final result will be. But in our Korn Glory Group, with Jiang Lao and Dr. Liang in charge of this project, I am not worried at all, I only need to be responsible for making money with peace of mind," Jiang Hui said with a smile.

"To be honest, I was thinking about going to Samsung, their president came to Baodao a few years ago to invite me over, but I have been hesitating, for me, if it is just a simple position change or salary change, the significance is not very large, I still hope to be able to really implement some of my ideas into the product, are you sure that the research and development direction of Guanghui chip in the future is all up to me?", Liang Mengsong asked.