Nepal, Feb. 19 -- The economic order the world has known for decades is marked by economic integration and globalization, the free flow of trade, the United States at the helm. Today, the disintegration of the rules-based old world order is evident as countries are becoming more inward-looking while regulatory fences have been erected, the World Trade Organization is in limbo, nations are racing to build industries of the future and trade restrictions are increasingly being imposed. The old economic system has crumbled, leading to the decline of Western dominance and US geopolitical hegemony. This shift has given rise to a multipolar world where nations are adopting new industrial policies to safeguard their economies. Meanwhile, China's ...