That's China's vision, objective and immediate goal. They have the leverage to make it happen.
Summary of Xi's January 2026 announcement:
"It's a sweeping vision for building a global financial power organized around socialist principles, without the greed and without a financialization of the economy (what Xi calls 脱实向虚, “drifting from the real economy into the virtual”).
-- Arnaud Bertrand
Against Utah Valley University for negligence and wrongful acts.
https://static.foxnews.com/foxnews.com/content/uploads/2026/09/2026-09-09_Notice_of_Claim_Final.pdf