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Topics - wwww498

#1
Philippine Daily News / Invest in China
September 08, 2012, 05:47:01 PM
The international system has always been one of anarchy and chaos, as there is no overarching government to rule. Due to the structure of the system being anarchic in nature the international stage is one of constant change. For the past ten to twenty years the United States has managed hold the status of the world leader in almost any facet of the imagination at some point in time during its hegemonic reign. The United States has especially been a dominant economic figure in the international arena, controlling trade, investment, tariffs, offshoring, etc. That hegemonic status of the United States in now being challenged, as one would expect due to the explained nature of the system. The surprise is by whom it is being challenged. One of, if not the most, looming figure who has stepped up to challenge the U.S. is the state of China. China has become an economic power house in the world today as it has evolved rapidly despite the fact it remains to be undeveloped nation.