CHINA'S ECONOMIC ASCENDANCE: A CHALLENGE TO U.S. HEGEMONY

Abstract

This study explores the implications of China's rapid economic rise and its challenge to U.S. hegemony in the global arena. Over the past few decades, China has transformed into the world's second-largest economy, significantly impacting international trade, investment, and geopolitical dynamics. This research analyzes the factors contributing to China's economic growth, including government policies, technological advancements, and infrastructure development. It also examines the strategic responses of the United States, which include trade policies, military presence, and diplomatic efforts to maintain its influence. By utilizing a combination of quantitative data and qualitative analysis, the study assesses the potential consequences of China's ascent for global power structures, economic competition, and international relations. The findings suggest that as China continues to assert its influence, the U.S. faces a critical juncture in redefining its strategies to adapt to a multipolar world. This research highlights the importance of understanding the evolving dynamics between these two major powers and their implications for global stability and cooperation in the 21st century.