Power Struggle between China and the United States: Lessons of History

Fernand Braudel, the economic historian, gave a key for reading the power struggles occurring today between the United States and China. «Just as a country at the center of a world-economy can hardly be expected to give up its privileges at international level, how can one hope that the dominant gro...

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Autor principal: L. Estachy
Formato: article
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RU
Publicado: MGIMO University Press 2020
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Acceso en línea:https://doaj.org/article/27b7e7139df94bc5ac95b6b45c0ba8f3
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spelling oai:doaj.org-article:27b7e7139df94bc5ac95b6b45c0ba8f32021-11-23T14:50:42ZPower Struggle between China and the United States: Lessons of History2071-81602541-909910.24833/2071-8160-2020-1-70-82-99https://doaj.org/article/27b7e7139df94bc5ac95b6b45c0ba8f32020-03-01T00:00:00Zhttps://www.vestnik.mgimo.ru/jour/article/view/1273https://doaj.org/toc/2071-8160https://doaj.org/toc/2541-9099Fernand Braudel, the economic historian, gave a key for reading the power struggles occurring today between the United States and China. «Just as a country at the center of a world-economy can hardly be expected to give up its privileges at international level, how can one hope that the dominant groups who combine capital and state power, and who are assured of international support, will agree to play the game and hand over to someone else?» In other words, the ruling circles in the United States, the hegemonic power of today, want to keep their leadership, China, the rising and challenging power, would like to replace the USA as the hegemonic country: the trade war starting in 2018 should be analysed in this context . The paper will deal with the recent developments of this hegemonic struggle: within the American establishment, the Pentagon and the US Department of Commerce have regained control over «Wall Street» which has resulted in an updated version of the US military-industrial complex, with China replacing the USSR in a new "cold war". Complex strategies are developped on both sides, involving manufacturing, technology, trade, financial, diplomatic and military issues. Referring to this geo-economic key for reading, a number of actions taken by the US government since 2018 aims in particular at checking China’s mounting economic and financial power. For the United States, it is about challenging the development of China’s influence in the world, in particular along the new maritime Silk Roads.L. EstachyMGIMO University Pressarticlegeopoliticsinternational tradebelt and road initiativeInternational relationsJZ2-6530ENRUVestnik MGIMO-Universiteta, Vol 13, Iss 1, Pp 82-99 (2020)
institution DOAJ
collection DOAJ
language EN
RU
topic geopolitics
international trade
belt and road initiative
International relations
JZ2-6530
spellingShingle geopolitics
international trade
belt and road initiative
International relations
JZ2-6530
L. Estachy
Power Struggle between China and the United States: Lessons of History
description Fernand Braudel, the economic historian, gave a key for reading the power struggles occurring today between the United States and China. «Just as a country at the center of a world-economy can hardly be expected to give up its privileges at international level, how can one hope that the dominant groups who combine capital and state power, and who are assured of international support, will agree to play the game and hand over to someone else?» In other words, the ruling circles in the United States, the hegemonic power of today, want to keep their leadership, China, the rising and challenging power, would like to replace the USA as the hegemonic country: the trade war starting in 2018 should be analysed in this context . The paper will deal with the recent developments of this hegemonic struggle: within the American establishment, the Pentagon and the US Department of Commerce have regained control over «Wall Street» which has resulted in an updated version of the US military-industrial complex, with China replacing the USSR in a new "cold war". Complex strategies are developped on both sides, involving manufacturing, technology, trade, financial, diplomatic and military issues. Referring to this geo-economic key for reading, a number of actions taken by the US government since 2018 aims in particular at checking China’s mounting economic and financial power. For the United States, it is about challenging the development of China’s influence in the world, in particular along the new maritime Silk Roads.
format article
author L. Estachy
author_facet L. Estachy
author_sort L. Estachy
title Power Struggle between China and the United States: Lessons of History
title_short Power Struggle between China and the United States: Lessons of History
title_full Power Struggle between China and the United States: Lessons of History
title_fullStr Power Struggle between China and the United States: Lessons of History
title_full_unstemmed Power Struggle between China and the United States: Lessons of History
title_sort power struggle between china and the united states: lessons of history
publisher MGIMO University Press
publishDate 2020
url https://doaj.org/article/27b7e7139df94bc5ac95b6b45c0ba8f3
work_keys_str_mv AT lestachy powerstrugglebetweenchinaandtheunitedstateslessonsofhistory
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