Introduction
The world is currently facing many global issues. These issues despite their size and weight usually lead to either positive or negative effects. Some of these global issues, if not well attended to, may cause conflicts between nations and possibly affect global economy. This calls for proper diagnosis of any arising issues so as to make sure that they are properly and adequately solved.
For instance, the booming economy of China has substantially threatened the markets and investment opportunities previously explored by the U.S (Reus-Smit 344). This paper is an exploration of how China’s fast economic growth has impacted the policies of the United States.
Global issue between China and U.S.A
The United States of America has for a long period of time been known as the most powerful nation in the world. It is famous for its high stable economy which every nation yearns to achieve. China on the other hand is a largely populated nation that in the past had a very low Gross Domestic Product (Beeman 1).
However, the situation has changed in the recent past as China’s economy has tremendously gone up placing her in second position after U. S.A. The rapid growth of China’s economy was greatly influenced by its government which made reforms in the major sectors of the economy.
Looking at the rate at which China’s economy is growing it can be forecasted that it may overtake the economy of the U.S (Fry and Jacinta 336). Due to the fact that China is fast rising in terms of economy and the military force, there has been conflict between China and the United States of America.
This conflict is what the whole world is focussing on so as to bring harmony between these two nations (Steinberg 1). A detailed look at the amount of grants and aid despatched by U.S.A to other nations shows its importance to the entire world. The same case applies to China because of its endless list of imports and exports.
The current president of U.S.A, President Obama has been the ring leader in the initiative of engaging with China (Seabrooke 304). He has campaigned for peace within the two countries telling his nation to give China a warm welcome as it is a successful and hardworking country. He further tells them that incorporating China as an ally will lead to positive results including a prosperous future for their young generation.
Not only President Obama but also the Secretary Clinton emphasizes on the creation of a bilateral relationship between China and the United States of America. The last time she was in China, she highlighted on three major issues that needed the unity of both nations to handle. She talked of security issues especially on solving the political matters of countries like Iran and North Korea (Steinberg 1). The other issue was on climatic problems like biodiversity and lastly the current economic crisis in the world.
Conclusion
The conflict between China and the United States has, with time, led to a harmonious relationship between the two countries. This has, in turn, led to positive impacts on the global economy and a good relationship between the two nations.
Development of the relationship was necessitated by the fact China is becoming a major rival of the United States in exploring international markets and investment opportunities. In a nutshell, China’s rapid economic growth has obliged the U.S to seek alliance with the former in a bid to phase out unhealthy competition for international opportunities.
Works Cited
Beeman, William. “Current and International Affairs” 2010. Web.
Fry, Grey and O’Hagan, Jacinta. Contending Images of World Politics 2000. London, Macmillan Press, pp.336.
Reus-Smit, Christian. The Politics of International Law. 2004. Cambridge University Press.
Seabrooke, Leonard. US Power in International Finance. 2001. London: Palgrave.
Steinberg, James.” U.S. – China Cooperation on Global Issues.” 2010. Web.