Kissinger acknowledges "the global financial collapse has devastated Chinese exports," threatening to lower Chinese growth to below the 7.5 percent rate "that Chinese experts have always defined as the line that challenges political stability."
Yet, he warns that "if protectionism grows in America or if China comes to be seen as a long-term adversary, a self-fulfilling prophecy may blight the prospects of global order."
Kissinger wants hisvisionof the new world order to be built upon a trans-Atlantic reality in which the U.S. combines economically and politically with the European Union, and a trans-Pacific reality in which the U.S. combines with China.
"An international order can be permanent only if its participants have a share not only in building but also securing it," he concludes. "In this manner, America and its potential partners have a unique opportunity to transform a moment of crisis into a vision of hope."
 Kissingerhas long proclaimed the need for a "new world order," is now focusing his request on Obama, urging the incoming president to seize upon the current financial crisis as a pathway to creating globalist political structures as a solution.
"The Late Great USA: The Coming Merger with Mexico and Canada,"published in July 2007, predicted that an approaching collapse of the dollar would be followed by a global recession paving the way for a North American Union regional configuration in which U.S. sovereignty would fade.
 Kissinger is a leading participant in various global meetings, including those held by the Council on Foreign Relations, the Bilderberg Group and the Davos World Economic Forum