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The New Bipolar World: Technology, Geopolitics and New Economic Diplomacy

15. may 2026

When we talk about geopolitics today, we often still think in terms of old Cold War patterns. Yet the modern world is no longer divided solely by ideology. A new bipolar world is emerging around technology, artificial intelligence, data, energy and control over global flows of knowledge.

This is precisely why the recent visit of US President Donald Trump to China was much more than just a diplomatic event. Particular attention was drawn not only to the meeting with Chinese President Xi Jinping, but above all to the composition of the US delegation. Alongside Trump were representatives of the largest US technology and financial companies. This was no longer a classic political delegation, but a demonstration of the new global reality in which states and corporations together shape geopolitical power.

This also clearly shows the growing importance of economic diplomacy. While it was once primarily focused on trade and export support, today it is becoming much broader. Through economic diplomacy, states are increasingly supporting strategic technologies, artificial intelligence, access to key raw materials, energy security and technological investments.

Artificial intelligence, semiconductors, quantum technologies, satellite systems and digital platforms are becoming the new strategic infrastructure. Countries that control these technologies will have not only economic power, but also political and security power.

In this context, the relationship between the United States of America and China is becoming the central issue of the modern world. It is no longer merely a matter of trade rivalry, but of competition between two technological ecosystems and two views of the future of global development.

It is particularly interesting that technology companies are today becoming key actors in international relations. While global power was once symbolised primarily by heads of state and armies, today it is increasingly also represented by the CEOs of technology companies. Economic diplomacy is therefore no longer solely the domain of diplomats, but also of major corporations.

Europe often finds itself in a difficult position in this new world. On the one hand, it remains strongly connected to the American security and technological sphere; on the other, it is also economically closely linked to China. This is precisely why the question of strategic autonomy is becoming one of the key European issues of the future.

Perhaps the greatest paradox of our time is not that the world is once again being divided into blocs. The paradox is that this is happening precisely in a period of the greatest technological interconnectedness in the history of humankind.

The world today is more connected than ever before. At the same time, it is also becoming more divided.

And it is precisely in this contradiction that the essence of the new bipolar world lies.

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