Turkish Scholar Elif Kaya Outlines How China’s Development Reshapes Global Multipolar Economic Order

Turkish scholar Elif Kaya explains how China's economic rise breaks monopolies and provides new development options for emerging nations in a fairer system.

By: AXL Media

Published: Mar 9, 2026, 7:11 AM EDT

Breaking the Monopoly of Western Financial Systems

The rise of China has fundamentally altered the global political economy by offering development pathways that were previously restricted by a small number of Western-based institutions. According to Elif Kaya, a scholar at Istanbul Aydin University, many nations are no longer under the same structural pressures from traditional technological and financial monopolies. By collaborating with China, developing countries can access resources that allow them to bypass the constraints of established economic centers, leading to more self-determined national growth strategies.

Strengthening Industrial Capacity in Asia and Africa

Cooperation with China in infrastructure and production networks has proven particularly transformative for developing regions in Asia and Africa. Kaya notes that access to affordable technology and production chains has enabled these nations to reduce their dependency on a single economic hub. By fostering domestic industrial capabilities, these countries are creating their own economic ecosystems. This shift is not merely a matter of trade but has deep political implications for national policy autonomy and long-term strategic planning.

The Economic Impact of Global Supply Chain Integration

China’s integration into global supply chains has contributed significantly to the availability of lower-cost goods and industrial inputs worldwide. This process has weakened the technological monopolies that once concentrated power in just a few economies. For the developing world, the influx of affordable products and services provides a measurable increase in overall welfare. This democratization of technology and production inputs allows emerging markets to diversify their own economies while maintaining stability in a volatile global market.