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Politik

US-China Competing to Grip The World, Is There A Cold Wang Going On?

26 November 2022   23:29 Diperbarui: 26 November 2022   23:57 272
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In addition, China will be born with more 'super cities in the next few years that have a larger population than New York. With a combination of only five supercities, it will be able to accommodate 120 million people.

Morgan Stanley further said technology infrastructure is one of the investments in China, the Internet of Things, and software as part of modernization and urbanization efforts so that everything is connected and automated through fifth-generation technology or 5G.

History shows that when a new world power axis emerges that challenges the old hegemony, conflict or conflict is inevitable. The emergence of China as a new world power threatens the position of the United States as a superpower.

US President Donald Trump accused China of unfair trade practices and accused China of being a currency manipulator. Trump then moved to reward China's behavior by imposing tariffs on US goods from China.

The impact of the trade war over the last 16 months has hit the economies of both countries and even the global economy. US economic growth continued to slow throughout 2019, dropping from 3% in the first quarter of 2019 to 2% in the second quarter and 1.9% in the third quarter.

The US Bureau of Economic Analysis revised the economy in the second quarter of 2022 to a forecast released in July, showing that the economy shrank by 0.9% compared to the same period last year. Many economists don't think the United States is in a recession. On the other hand, income and expenditure for the production of all products and services increased by 1.4% per year.

On the military front, China's growing grip is seen in 68% of Chinese weapons exported to Pakistan, Bangladesh, and Myanmar. China is also a significant arms supplier to 18 countries on the African continent, and most of China's weapons are destined for warring countries (the United States) and their allies.

In 2014, China's military budget increased by 12.3% or $188 billion, while the US military budget was $640 billion. China has the largest military and 2.3 million active personnel.

According to the Global Firepower Index, China is the third largest military power in the world after Russia and the United States.

China's military power is also a deterrent to border conflicts with several countries, as evidenced by the deployment of Dongfeng-21 ballistic missiles by the Chinese government on Mount Baekdu (on the border of China and North Korea) and in Shandong province. The China Sea is close to Japan's destination. The Dongfeng-21 is a thermistor with a range of 1700 to 2,100 kilometers that can reach Japan.

 But on the other hand, America does not want to lose in flapping its wings, there is an institution called the Asia Power Index, which measures many dimensions, including economic and military capabilities, economic ties and defense networks, and cultural influences. In 2021, the United States will become the most influential country in the Asia-Pacific region, with China in second place, strengthening its position in the Index's records in recent years.

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