Abstract
In addressing whether the much debated global implications of the rise of China represent an opportunity or a threat, this article presents a model of managed great power relations (MGPR), paying special attention to the relationship between a rising power and a dominant power in world politics, China and the United States. The inevitable question is whether there is now a ‘one up and one down’ beginning to happen – namely, is China ‘up’ and the United States ‘down’? Three categories of criteria are needed to approach this question: the shift of power distribution, perceptions toward major powers, and the recognition of differing approaches and mentalities. Clearly, this question is linked to the perception of whether the rise of China is a threat or an opportunity. This article analyzes the implications of China's rapid economic growth to the ongoing dynamics of international relations and the possible reconfiguration of major power relations in the twenty-first century.
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