China's Nonrise to Power and The International Realm

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China over the past decade has been praised for its financial ingenuity and creativity. It has been described as a rising superpower keen, ready to tip the world balance and throw the U.S. off its high chair. The quote concurs with this argument, contending all that must be done is for China to surpass the U.S. both economically and militarily as well as push for the democratization of the international political system is wait. What is wrong with these assumptions is the belief that China has the power and ability to surpass the United States and push for a global democratic movement. This belief is inherently wrong for several political, economic, and social reasons. However, despite disagreement with the first main argument, there will be an eventual diffusion of power that will change the realm of international politics and end the international hegemony of the United States, an already dwindling power. Nevertheless, this will not occur in the fashion stated nor in the same time frame.
The first major assumption is that China has the economic capacity to surpass the U.S. financial system and economic influence. Though a growing economic superpower, China will never surpass the U.S. GDP market nor its global economic influence. A number of factors play into this assertion, including both internal and external. China’s long praised 7.7% GDP growth, though grandiose, is unsustainable and misleading. Most growth and spending stems from state investment in cheap mass production of goods, investment in domestic infrastructure projects or foreign companies taking advantage of the cheap Chinese labor supply. Martin Jacques, author of When China Rules The World, estimates that foreign companies are responsible for about 60% of exports,...

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...ower is neither absolute nor eternal, it has also taught us that it gives way to newer and fresher challengers. The fall of the global U.S. hegemony will be lead, not by the rise of a single global superpower, but the emergence of several regional ones. Within Asia, China will remain a stronghold that must contend against the growing Japanese and Indian economies. In South America, Brazil will become the first Latin-American superpower. In Europe, the European Union has already been established as the dominant center of power of Europe and beyond. Whether this change occurs in the next couple years, decade or century, it is evident that no one thing lives forever and that world power swings as a pendulum, between the spectrums of hegemonic positions that control global trade and influence and diffused power that is spread among the continents and states of the world.
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