Firstly, the growing economic interdependence of China with other major powers such as Japan, United States, South Korea and European Union has created shared interest between them. Therefore, China has realized the importance of maintaining ‘good’ relations with them. This can be further proved when the higher the volume of trade and investment flowing in between two countries, the stronger the interest in avoiding conflict and preserving peace. For instance, the value of trade between China and United States has been increasing on a tremendous rate. At the end of 20th century, the value of the trade between the two countries is only US$ 120 billion but in the early 21st century (2009), the United States was the largest trad...
... middle of paper ...
... the Chinese government to appear legitimate to its public.
In conclusion, many rising powers such as China would rather clearly spend money on bread rather than guns. This is can even been seen in the drastic change in policy between the Maoist and post-Maoist. Therefore it is less unlikely for China to infringe sovereignty of other countries because the repercussions of war can be detrimental to the world’s stability as well as the Chinese government’s legitimacy.
2. U.S. Role in China’s Participation in International Financial Organizations : China’s Access to FATF as a Case Study by SONG Guoyou http://www.siis.org.cn/Sh_Yj_Cms/Mgz/200802/2008928113049ROQB.PDF
3. China-US Relations: Current Issues and Implications for US Policy K Dumbaugh www.fas.org/sgp/crs/row/RL32804.pdf
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