Controlling the global market has been the center of conflicts between major economies in the world. One of the greatest areas of concern has been the Pacific Ocean Theater which consists of Asian countries as well as the United States of America as key players. This area has for a long time since World War II been an area for both economic and security struggles. China has shown great interest in controlling the pacific theatre as well as expanding its influence in other parts of the world with a renewed interest in African states ( Arbatov,2020 ). With the existence of countries like US and Japan which are in the race to control Asia and the world economy, the rise of china cannot be accommodated without conflict.
Chinas policies of expansion include a high level advancement in technological development and establishment of initiatives such as one belt one road. These initiatives are meant to unite central and southern Asia in a bid to control the region. Chinas growth has been experienced since the global financial crisis. During the six years to 2007 the state grew its GDP at a rate of 11% with a current account surplus of 10%. These facts indicate that china is capable of beating world leaders such as the USA in the global economy war. Additionally, China’s growth rate in the recent years after the global crisis has slowed down ( Min et al., 2019 ). This event has caused a vicious struggle by the over ambitious country to invest more and close more economic investment deals with the IMF such as its bid to increase its voting shares. This bid has been stalled by the USA.
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The United States has showed interest in Asia especially in maintaining security and in trade to protect its economic gains. America has over the years fostered the trans-pacific partnership to reduce trade barriers which has seen the division of Asia states between the one belt one road initiative and the TPP ( Hovhannisyan, 2018 ). The accommodation of china will therefore mean the unification of Asia as one block pushing US out and causing discomfort among Asian competitors such as Korea and japan. This fact shows that as opposed to presidents Jinpings statement, the pacific theatre is not big enough and there is bound to be conflicts.
Economic integration through abolition of tariffs that favor a few states such as the USA or china is significant. This freedom of trade in the region creates grounds for states to sponsor self-interests freely without the need for aggression. This move is crucial in ensuring that parties like china are not aggrieved to the extent of waging war in external trade areas controlled by the USA ( Geng et a., 2017 ). Therefore, the integration is helpful in making sure everyone trades peacefully.
However, the maintenance of peace in the pacific theater does not necessarily guarantee that there will be peace in other regions where both countries have interest. To maintain their influence and for china to build its economy to beat the USA, there is bound to be militarization of the economic war ( Martin & Wooley, 2018 ). The USA may need to choke China in other areas such as deny it access to offshore oil and influence as an act to deny it power to defend East Asia. Unless the integration is applied in other regions other than the Asia pacific theater, the self-interest promotion in the pacific will have ripple effects which include militaristic battles and the use of biochemical weaponry by the USA and China to weaken each other.
References
Arbatov, A. G. (2020). China and Arms Control: Not Utopia, but a Reality. Polis. Political Studies , 4 (4), 36-54.
Geng, Y., Tian, X., Sarkis, J., & Ulgiati, S. (2017). China-USA trade: indicators for equitable and environmentally balanced resource exchange. Ecological Economics , 132 , 245-254.
Hovhannisyan, A. (2018). Asia-Pacific Theater in Focus: Comparison of Weapons Systems of Near-Peer Competitors, Current Issues. Ժամանակակից Եվրասիա = Contemporary Eurasia , 7 (1-2), 4-20.
Martin, E., & Wooley, S. (2018). The Army’s Role in the Future Pacific Theater. Military Review .
Min, Y. K., Lee, S. G., & Aoshima, Y. (2019). A comparative study on industrial spillover effects among Korea, China, the USA, Germany and Japan. Industrial management & data systems .
