What: French Founders, a global network of French entrepreneurs, organised a conference discussing China's economic transformation and its implications for global trade and monetary policy. The discussion, led by economist David Baverez, explored China's evolution from a low-cost manufacturer to a technological innovator and potential monetary superpower.

Why it's important: This report highlights a significant shift in global economic dynamics, with China emerging as a direct competitor to European companies in key sectors. It also emphasises the potential for future conflicts to be fought on monetary grounds rather than through traditional commercial or technological means, presenting new challenges and opportunities for businesses and policymakers worldwide.

French Founders 2025 IADS report