China is now the second largest economy,
measured by nominal GDP.
The economic and military rivalry between China and the US has been noted to be the
"Thucydides Trap".
What is this? -
Read this thread.
measured by nominal GDP.
The economic and military rivalry between China and the US has been noted to be the
"Thucydides Trap".
What is this? -
Read this thread.
The Thucydides Trap is a metaphor quoted by ancient historian; Thucydides. It was quoted with regards to the the rise of Athens and its conflict with Sparta, resulting in the Peloponnesian War.
The metaphor is used to describe the high probability of war between two powers when a dominant power is threatened by a rapidly emerging power.
In the past 500 years, 16 cases of Thucydides Trap have been identified.
12 ended in war.
Including World War I.
12 ended in war.
Including World War I.
Drivers of this dynamic include rapid GDP growth, increased military strength and a sense of importance for the emerging power.
This is combined with the insecurity and fear from the established power feeling the need to act "before its too late".
This is combined with the insecurity and fear from the established power feeling the need to act "before its too late".
To avoid war, decision makers for both parties must radically change their attitudes and behaviour.
The US has led the West for the last 100 years.
The US is ahead of China in terms of GDP on a nominal basis.
But China is the worldβs largest economy on a purchasing-power-parity basis. China has also surpassed the US to become #1 in a variety of economic indicators.
The US is ahead of China in terms of GDP on a nominal basis.
But China is the worldβs largest economy on a purchasing-power-parity basis. China has also surpassed the US to become #1 in a variety of economic indicators.
China-US rivalry resembles a Thucydides Trap.
The ideological biases and differences between a western "liberal democracy" & a highly autocratic totalitarian regime are extreme.
I quote "liberal democracy" because I don't believe US to be a democracy. Just sells itself as one.
The ideological biases and differences between a western "liberal democracy" & a highly autocratic totalitarian regime are extreme.
I quote "liberal democracy" because I don't believe US to be a democracy. Just sells itself as one.
There is a perception that China has taken advantage of the open world economic system to further its own domestic agendas and have undermined those systems to its advantage.
Distrust of the Chinese Communist Party seems widespread now across US, European and SE Asian politics.
Distrust of the Chinese Communist Party seems widespread now across US, European and SE Asian politics.
Loading suggestions...