Nursing Research About Will China Be the Next Superpower

            Will China Be the Next Superpower? Name Institution Date      Since China embraced more free markets, there has been unprecedented economic growth, and the country is now the second largest economy after the U.S.  While the country has over 1 billion people, the country’s economic strengths also led to more military funding. This has resulted in the country attempting at assert power in East Asian, including in the disputed territories.  America is not only strong militarily, but has advanced technology and well developed knowledge economy that has allowed the country to also maintain its dominance (Brooks & Wohlforth, 2016).  Even as low labor costs made China to be one of the manufacturing hubs, there is increased investment in education and even Chinese students are one of the largest international student groups in the West. The world is more multipolar, and China will be more powerful, but will not dislodge the U.S. as the next superpower.  When the Trans-Pacific Partnership (TPP), was first adopted the aim was to strengthen trade relations and promote free trade between the U.S and the Asian Pacific countries, excluding China.  However, President Trump withdrew from the Trans-Pacific Partnership (TPP), as the favors bilateral rather than multilateral agreements.  One unintended consequence of the move is that China will yield more power than if the U.S. was part of the TPP, as even some countries are reluctant to sign the agreement.  On the other hand, China has embraced globalization while the U.S adopts protectionist policies.  This shows differences in opinion on who has benefited from globalization, and China’s policy to promote international trade will allow her to exercise soft power in Asia.  Nonetheless, this does not mean that the country will wield hegemonic power as there is no guarantee that the country will modernize and keep growth rates high. China’s economic power has increased the country’s leaders focused on manufacturing, but also establishing protectionist polices to help the domestic companies.  There are economic inefficiencies and even labor wages are rising, that international companies will likely relocate to other low labor jurisdictions.  Without reforms, especially in the service sector, the country will be underprepared to be the superpower.  Additionally, the country’s financial sector is not well developed like in the west, and this will affect the country’s competitiveness.  The country’s is also hostile to international investors and many experience low returns. This is further complicated by the government’s involvement in the economy and lack of reforms.  Increase in soft power alone does not guarantee that China will be the next superpower, as the Chinese officials need to establish long term relationship with other countries and be seen to as cooperative.  Even though, the U.S. officials have at times sought to influence domestic policies and politics in other countries through promoting democracy and open trade across various countries, America has long term relations with many countries of the world.  The same cannot be said of China, which was a major U.S. antagonist during the cold War.  If the country cannot establish viable political and economic partnership, it will be difficult to be a superpower, as the country will mainly fill power vacuums, but will mostly hold much influence in East Asia.   Even with the U.S.  policy makers and politicians having raised doubts about the fairness of international trade, America is still an open society and even private companies have invested internationally without requiring government help.  This contrasts with the case of China which has weak domestic institutions and the government supports companies that are not as innovative as those in the U.S. The lack of legal enforcements in the country has also made it difficult for foreign investors to establish themselves.  Even as the Chinese officials regularly state that they do not interfere with the domestic policies of other countries, they do business with countries that also have poor legal frameworks.  For instance, the country’s trade in Africa is highly skewed as it is involved in natural resources and oil, in countries like Angola, and Zimbabwe that are und...