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US-China: A New Cold War Nadir Ali
Introduction • The world-leading superpowers, the United States and China have been precariously embroiled in a Cold war situation right now. The Cold war was an ideological conflict between Communism and Capitalism. • While the parallels between the current US-China rivalry and the start of the cold war are striking, there are also some important differences. The most obvious is that the economies of the US and China are deeply integrated with each other. Trade between China and the US amounts to more than half a trillion dollars a year. China owns more than $1tn of US debt. Important American companies rely on making and selling their products in China. Manufacture of the Apple iPhone is built around a supply chain based in southern China.
Cont… • China is the United States largest trading partner, Thus China’s economy is heavily dependent on the US.The Trump administration impose tariffs on Chinese imports in 2018. • In fact, destroying China economically would devastate the U.S. economy as well. That means the best both can hope for is uneasy peace as the U.S. and China compete in greater and lesser degrees across a wide variety of areas, and even cooperate in some.
Covid-19 • The whole world is suffering from the Covid-19 pandemic, commonly known as ‘Coronavirus’. Which originated in China, has devastated the entire global economy.
Huawei • Technologically, both states are very powerful, despite that, the advancement of technology increases many vulnerabilities, but the Chinese aspiration to become a global leader, in terms of technology, indirectly imposing a threat to the US national security.
Conclusion • These competitions are underway in the field of artificial intelligence, digital currency and even the "Covid vaccine". • So, the American empire is declining and may cause serious damage in a period of deteriorating time, in order to cause as much damage as possible and destroy as many countries as possible.
