Globalism is another "ism" that is dead. It is not possible to have it in the way the West wanted (a cloning factory where no culture exists except the filthy thing West wants and everyone thinks and acts the same way). That may work in places where there was no culture or civilization to begin with like EU or US itself, but when they move eastward and start facing ancient civilizations like Iran, China or even Egypt they stop right there.
The part about interdependence is another matter and it will happen naturally and it can happen in a multi-polar world were multiple "power blocs" exist and deal with each other. Using English to communicate doesn't change that.
As you say, it would work in places where there was no culture, like EU but why would you say that about EU? Greece, Italy, Spain, France... These countries are in EU. There was a culture in this countries and there still is. The problem is that politicians accept lots of unwanted asylum seekers who then do all kind of bad things in the country, they are the ones that ruin EU, thanks to the EU politicians who try their best to ruin everything.
China is ancient civilizations but Egypt? Modern Egypt is not old Egypt. Is modern Iran descendant of ancient Iran? As far as I know, no, but I'm not 100% sure, you know it better than me.