China New Superpower Essay

China New Superpower Essay-66
Specifically, the present dominant hegemonic order (where the hegemonic class takes leadership to ensure the organization of conflicts and instability constitutes the political unity of the dominant classes of the state) is being challenged and perhaps, as suggested by several scholars, even threatened by China and its new emerging global position (Hoffman, 189, 1975).The global financial crisis is one of the most sever that modern history has seen; it has impacted the export oriented economies of Asia and in particular it has presented China with several unintended consequences.The effect of a rising state is often unpredictable and brings to light great uncertainties in the global environment.

Specifically, the present dominant hegemonic order (where the hegemonic class takes leadership to ensure the organization of conflicts and instability constitutes the political unity of the dominant classes of the state) is being challenged and perhaps, as suggested by several scholars, even threatened by China and its new emerging global position (Hoffman, 189, 1975).The global financial crisis is one of the most sever that modern history has seen; it has impacted the export oriented economies of Asia and in particular it has presented China with several unintended consequences.The effect of a rising state is often unpredictable and brings to light great uncertainties in the global environment.

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These approaches were later followed by institutional and perceptual schools (Bin Yu, 236, 1994).

For instance, John Ikkenberry has suggested that China’s rising influence may be used for its own benefit in a zero-sum game, creating a great security threat, or on the other hand that a massive hegemonic transition is not inevitable.

The question during this time was whether the Chinese Communist Party would be able to adapt to the new social and economic conditions created by those recent reforms.

The CCP faced the challenge of liberalizing its economy without destabilizing the political system and changing its organization, while attracting new members (Dickson, 517-540).

International society consists of “gradations of power: world powers, great powers, middle powers, minor powers, and so the subdivisions go on…” (Dunne, 2, 2007) In the last decade of the 20 century, new and significant developments have affected the structure of the international system, drastically altering the relationships between national, international and global actors.

While the end of the Cold War forced a loosening of bipolarity and imposed a universal concept of western liberal democracy (Foreign Affairs Agenda, 27, 2006), the 2007-2010 global financial crisis has diluted the uni-polar world in which the United States of America acts as the primary hegemonic figure, presenting the world with an opportunity to reconsider the current order.China was ‘determined to achieve its rightful place by nationalistic assertiveness’ (Wolfowitz 1997, p.7) through a harmonious and peaceful rise.After Mao Zedong passed away in 1976, China’s political system was greatly transformed.As time passes China’s rise becomes more and more about power (capabilities and the projection of those capabilities) while increasing pressure has forced China to seriously reconsider what it is they want in the long term.In the past, understanding China as a major global actor was studied through theoretical lenses such as traditional-historical, Maoist-communist and realist-rational analysis.By strengthening the Sino-American relationship China will potentially be able to secure an influential position within the G20 and other multilateral institutions.Finally, this essay suggests that China’s power in the international financial system is growing, however it shouldn’t be overestimated; rather China needs to look at our current moment in history as an opportunity to rebuild a national consensus on the future path of Chinese domestic and international foreign policies, while the US must see its China policy as a means to an end, not an end in itself (Economy, 152, 2010).By attempting to grasp the complex local history of China we may begin to better understand how China’s path to modernization has led it to where it is today to then consider the type of challenges China may face and perhaps even pose to the international community, if any.Rising China is reminiscent of pre-World War I imperial Germany, in the sense that it too had been humiliated by great powers in its quest to find its place in the world.The crisis has drastically transformed economic realities and brought to light questions concerning the future of the international monetary system and the multilateral system, explicitly questioning China’s role and position within the evolving global structure.Furthermore, the crisis advances the question of China’s ability to peacefully rise and maintain economic growth and political stability, while attaining the status of an imperial power, perhaps even replacing or altering US hegemony.

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