Analysis of Strategic Competition Between China and the United States in the New Cold War Era

With the advent of the "New Cold War" era, the United States has identified China as its "primary strategic competitor," leading to an escalation of strategic competition between the two nations across multiple fields. This paper outlines the specific manifestations of Sino-U.S. strategic competition. As China has become the world leader in total financial capital, industrial capital, and commercial capital, its foreign strategy has encroached upon U.S. financial interests, resulting in a continuous escalation of strategic competition, particularly in the financial, high-tech, and military sectors. The paper primarily analyzes the deeper causes of Sino-U.S. strategic competition from three perspectives: the adjustment of U.S. reindustrialization policies, the dual export of economic costs and institutional costs, and the construction of a new Cold War ideology. It also considers the political and economic environments both domestically and internationally, and analyzes China's competitive strategies.

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Publication Details

Journal
Advances in Economics Management and Political Sciences
Published
2024-11-29
DOI
https://doi.org/10.54254/2754-1169/2024.17733
Primary Topic
Global Political and Economic Relations
Type
article
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article

Analysis of Strategic Competition Between China and the United States in the New Cold War Era

Xiyu Lu
Advances in Economics Management and Political Sciences
Global Political and Economic Relations
article

Analysis of Strategic Competition Between China and the United States in the New Cold War Era

Xiyu Lu
article en

Abstract

With the advent of the "New Cold War" era, the United States has identified China as its "primary strategic competitor," leading to an escalation of strategic competition between the two nations across multiple fields. This paper outlines the specific manifestations of Sino-U.S. strategic competition. As China has become the world leader in total financial capital, industrial capital, and commercial capital, its foreign strategy has encroached upon U.S. financial interests, resulting in a continuous escalation of strategic competition, particularly in the financial, high-tech, and military sectors. The paper primarily analyzes the deeper causes of Sino-U.S. strategic competition from three perspectives: the adjustment of U.S. reindustrialization policies, the dual export of economic costs and institutional costs, and the construction of a new Cold War ideology. It also considers the political and economic environments both domestically and internationally, and analyzes China's competitive strategies.

Advances in Economics Management and Political SciencesVol. 124(1)
Nanyang Technological University (SG)
Decent work and economic growth
Openalex Percentile: Top 65%
Global Political and Economic Relations
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Analysis of Strategic Competition Between China and the United States in the New Cold War Era — Xiyu Lu · Advances in Economics Management and Political Sciences (2024) | TGRS Research Map | TGRS