By Markus HeinrichThe reemergence of US’s erstwhile counterpart from the bipolar world order is an uncomfortable reminder that the presumed age of American hegemony is history. The era in which the United States reigned supreme, unchallenged in its economic, political and military power, is over.
Challenging American power
Population growth, diffusion of technology, development and globalization have combined to enable a number of actors to approach – though admittedly not yet in all respects quite equal – the United States.
China has recorded decades of blistering growth and development, illustrated by the fact that it has surpassed the U.S. as the world’s …read more
Source: The Globalist
