Abstract

More than competitors, the United States and China are potential rivals. Why are the two greatest economies fighting a trade war when free markets and free trade have mainly shown to be beneficial? It might be the worry of losing influence in the global market and world politics from the standpoint of the United States. Using hegemonic stability theory as an analytical framework, this paper uses a Neo-Realistic method to study China's rise and China as a challenge to US hegemony. Without a doubt, the emergence of China as a major power is one of the most confusing occurrences in the international arena since the end of the Cold War. Similarly, it jeopardises the United States' strategic position. China's economic and technical might have cast doubt on US hegemony, and the Covid 19 pandemic has provided China with numerous opportunity to win the race. The global implications of China's surveillance technology is discussed in this study. More than competitors, the United States and China are potential rivals. Why are the two greatest economies fighting a trade war when free markets and free trade have mainly shown to be beneficial? It might be the worry of losing influence in the global market and world politics from the standpoint of the United States. Using hegemonic stability theory as an analytical framework, this paper uses a Neo-Realistic method to study China's rise and China as a challenge to US hegemony. Without a doubt, the emergence of China as a major power is one of the most confusing occurrences in the international arena since the end of the Cold War. Similarly, it jeopardises the United States' strategic position. China's economic and technical might have cast doubt on US hegemony, and the Covid 19 pandemic has provided China with numerous opportunity to win the race. The global implications of China's surveillance technology is discussed in this study.

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