Background

The hot question in politics and academia now 'Is China Chasing US?' China and U.S. are the super power of the present world. People might have different opinion whatever you accept it or not, this is a reality. But if you see the trend and nature of uplifting and developing the self is somehow different. The unique year 2020 also exposed bristly the covert and overt behavior of these nations. They both struggled, became generous and recovered their psychological and materialistic loss.

Discussion

With no doubt the United States was the superpower in the world before the emergence of Covid-19. Majority of the world had been believing that US has no threat at least in it's security, ideology and culture, however in the production of goods i.e. global manufacturing was suspected since China was producing and regulating the global market which would be the easiest way to control the global economy.

With regards to the issue, the Washington Post quoted that China by investing more in science and technology as well as infrastructure and job training to ensure that the United States can out-innovate and out-compete anyone. The status of US-China has become something like china has been chasing the US. And more interestingly there was a bigger distance in the past but now the speed ratio between these two giants is fluctuating these years. Most of the political leaders, entrepreneurs, Scientists and Engineers are assured that China will reach the United States in the few coming years.

What Western Media and Experts say about US-China Competition?

The chasing scandal is not in the outer discourse from the United States. It is typically inside the US as well. The former defense secretary William Perry in April 2005 with reference to U.S.-China Science and Technology Cooperation Agreement of 1979 observed “when you look back and you see somebody chasing you. And there is a lure to try to find some way to solve and keep it down. And he said, that he had always believed that was the wrong approach and strategies. The more appropriate and feasible approach would be to run faster". (WashingtonPost, 20th January, 2020).It clearly reveals the fact and reality in US-China status in the world.

BRI and MCC in the International Scenario

The Belt and Road Initiative (BRI), suggestive of the Silk Road, is a huge infrastructure project which would stretch from East Asia to Europe.

BRI for some analysts is the project as a disturbing expansion of Chinese power, however it is the out world rapport and support of Chinese Foreign Policy and obviously the US has been struggling to offer a competing vision.

The BRI has strengthened opposition in some countries involved in Belt and Road that have taken on high levels of debt.

The Millennium Challenge Corporation (MCC) is an inventive and self-governing U.S. foreign assistance agency that is aiding lead the fight against global poverty. It was established in January, 2004 by the US government to provide assistance to the developing countries for poverty alleviation, quality education and health along with some investment in infrastructure and industrialization.

Why BRI is more popular than MCC in many countries?

If the examples of the targeted countries like Nepal and Sri Lanka are taken into consideration, BRI of China has been facing less obstacles and debate in comparison to MCC of the US. The way they are exposed to the nations and people also different. In Nepal and Sri Lanka majority of the people and political leaders are more harmonious towards BRI in comparison to the MCC. Some experts claim that it is because of the geopolitical issue and balancing the relation and power but there is another clear truth that BRI has been facing few obstacles over MCC.

China's Global Impact on Economy

The nations not only US and China, now are accelerating on the basis of the economic resources more specifically by money. China is assembling not the electronic gadgets but also the currency from various countries including developing and developed one. The mystery of China's success is to be able to push its mass production like the countries from Pakistan and Sri Lanka to Australia and Europe.

Similarly, the quantity of the manufacture is largest in the world, the quality is also in various grades from A-Z. China on the other hand, has been learning lessons from world history of politics, war and degradation. Russia can be a beautiful example of failure in the long term historical record on its political and economic control over the world. China not in any case will walk in Russian Model. If you want see the proofs, look at the cotemporary Chinese political and economical strategies.

Why Chinese model is more feasible and compatible in the world?

First of all, China has neither has gone through any wars and struggles with any nations in the world not it has any interest to do so in coming future.

Secondly, It has not exposed the political interference to the so-called western democracy, individual freedom, capitalism etc. at least outside China.

These things have become the matter of headache to those countries in the world who really wanted to put china into the corner of the ring by any hook and crook.

The funniest thing for Americans today is that they have to go for learning Chinese Global Strategies to keep themselves in safe zone in the days come.

In the book Chasing the American Dream in China: Chinese Americans in the Ancestral Homeland (Asian American Studies Today), the author has highlighted that the US born Chinese from sophisticated family background after getting education in US seemed interested to go their home land and work for themselves and their nation. It brought the culture of being highly motivated for both hard and smart work to be the model of success.

To realize the actual present context, it is necessary to go through some historical glimpses, for example, the first huge entry of Chinese to the US was in 1850s because of the chaos in Chinese Economy and labor market. They came mainly in California gold rush.

How much fund China has invested in the US?

Chinese Investment is US is Huge. China has invested in U.S. securities totaled $1.5 trillion, down $63.4 billion (4%) from June 2018 levels, it has made China the fifth-largest foreign holder in the US. China investing not only to its domestic industries but it has moved to the international market in a very significant amount. There is obviously huge investment in many developing countries like Sri Lanka and Pakistan. Likewise it has been putting big amount of money to the fully developed countries like US and Canada.

US Versus China in 2020

As there are double 2 and double zero in the last year. This year technically appeared as bad luck to the US but good luck to China. I know many people may not be happy by reading the very statement but I am highly convinced with the ideas and strategies that China adopted to control Covid-19 pandemic. I am not convinced with the American ways of doing against Covid-19. Let's explore little bit why the US citizens and majority of world population are not happy with the US leadership in handling the pandemic.

In the beginning the US was in right tract since it would not follow the Chinese way of handling pandemic. But once Coronavirus exposed like how a bomb explosion, US authority announced the lockdown which projected the pathetic health and administrative condition of the world super power. It became like a mess and carnival to control the virus. Similar case was projecting in India as well. The announcement and regulation of lockdown both in the US and India proved soon as unwise and stupid decision. Many people would also said it as an immature childish decision with no long lasting vision. The proof is people gather at the post stage of lockdown in a huge mass with government agreement/created context. There was the election in the US where former President and new candidate of the President went through long unending debate about the Covid-19 and lockdown in the US. On the other hand in India, the PM Modi was requesting his people to follow his compulsion order and request of locking down the whole nation. But during the post session of lockdown, millions of farmers came to road to demonstrate and struggle against Famers' bill. PM Modi could easily stop this strike to justify the lockdown in the entire nation.

Chinaversus US in the World Welfare and Monitoring Organizations

There are some prominent institutions for promoting and monitoring peace and stability, finance, Health, Trade, and Security etc within the nations and across the nations.

Chinese Influence to United Nation Organization (UNO)

China has become one of the prominent nations to regulate and monitor the world via UNO. The President Xi Jinping’s more assertive foreign policy and the fact that China’s assessed contributions to the world body are now second only to those of the United States. The growing influence inside the United Nations is foreseeable and halting. Traditionally focused on the United Nation's development activities, China now bends its muscles in the heart of the U.N., its peace and security work. The another important constructs to consider is the Chinese-Russian tactical alignment in the U.N. Security Council also challenges the US protected human rights and humanitarian access which are demonstrated in July 2020. During that period China and Russia vetoed two resolutions regarding Syria and both blocked the appointment of a French national as special envoy for Sudan.

Chinese influence to World Health Organization (WHO)

The US attachment and trust over the intention and strategies of the WHO has gone to the down pick over the history in dealing and controlling Covid-19. During Pandemic, the US found itself in chaos and suffocation because of which the former US President Donald Trump blamed the World Health Organization for getting “every aspect” of the coronavirus pandemic wrong and he also threatened WHO that he is going to withhold funding from WHO. On the other hand, China accepted and implemented every regulation of WHO in controlling Coronavirus in and outside of the nation. Now there will obviously many more issues on world health scenario but the question is where will be the position of the US and China is highly considerable in the entire history.

Chinese influence to World Trade Organization (WTO)

China has become the first nation to export its manufacture to the world. It is well-thought-out as world’s largest nation which has become the biggest exporter and importer in the world. China's rapid economic expansion is contributed by the Export growth with no doubt. China exports mainly the electrical and fancy clothing stuffs more specifically the products are electromechanical products and labour-intensive products like clothing, textiles, footwear, furniture, plastic products, bags and toys.

Import of the Gold in China

China is minutely observing everything related to world trade and economy. It is said that there are obvious reasons on why China wants to break/dismantle the US hegemony in international trade. And the relation of gold and Us dollars is very compatible. Furthermore, China wants to make its own currency, the Yuwan (also called renminbi), a world player.

Conclusion

China is chasing the US in the international scenario. Now it is accepted not only within these two nations but outside world also. All the European countries, Korea, Japan, Australia and Canada, the South Asian countries like India and Pakistan etc have been clearly noticing the fact that China is Chasing the US in almost all the areas. Nobody knows, the political ideologies of democracy and capitalism will come to the risk zone in future.