In: Economics
write me a self-written conclusion about China's Rise as a global power
China is an empire in the modern sense — a nation reinforced (but also kept hostage) by its long supply chains, forced to protect its interests by growing economic and political interaction, and gradually drawn into the security sphere as well. It uses its commercial, political and military influence to extend its own direct operational scope, from the South China Sea to India and to Europe through Central Asia. The more engaged it is internationally, the more dependent it is on maintaining and strengthening those links which are critical to Chinese economic growth and, by extension, the domestic management of its massive, diverse and economically unequal population
China also looks cautiously at the November U.S. presidential election, concerned that a shift in U.S. policy might lead to greater trans-Atlantic economic and political coordination, as well as increased trans-Pacific economic and security coordination with China. With only months away from the U.S. election, China has a tiny window to simultaneously accelerate its own national security position and increase its efforts to exploit different priorities before a potential change in U.S. leadership heals the current perception of a go-it-alone US.
This is a tough balance to achieve, and the strain from domestic structural and demographic threats to international military intervention and strategic levers on Beijing makes this a precarious moment in China's assertion of its global position. However, while we are no longer in the age of conventional empires, and aggressive fighting against each other is the exception rather than the standard for the greatest powers, history tells us that these transformations are packed with confusion, urgency and higher risk tolerance, and the moment in Beijing will prove no different.