How rise of China is influencing the World?

Answer - Introduction -

China has become a significant player in the world economy , via giving trade opportunities for trade,investment along with International cooperation. It's influence is has boomed with the devastating financial problems with US and Europe.

Major sites of influence -

1. China vs US trade war : as the deals of china seem to be too good to be true examplified by the $124 bn Chinese project which aimed to push trade and investment in Asia,Africa,Europe and beyond it, this initiative of 2013 has come under debt diplomacy.

2. US trade row : in this China has accused US to launch the biggest trade war,here Trump imposed taxes on imports and biggest move was withdrawl from TPP. Wherein ,US imposed three rounds of tariff on goods coming from China which accounted for $250bn . It was done to hamper the transfer of Technology frok America and protect American jobs.

3. China fighting the trade war : though with US tariffs imposed almost $200bn of Chinese goods have been under loss as those where suppose to move to China but is at halt , however for Chinese players they feel there are many other options to them as they specified the dependence of US market on China from airplanes, walmart to GM products china , showing what all is in there hand and would show power if wanted.

World Economic Forum in Davos, 2017 -

Xi Jinping , President of China , said that nations should seek their interest but not at cost of others for which US then Vice President Mike said that China's economic aggression pointing about the debt diplomacy of China.

National Security -

Australia has made significant new laws to prevent foreign interference ,targeting China. It's concerned for New Zealand too , owing to all this Huawei has been shut from many foreign markets as to spy their security data, as from Australia and UK. Even Germany tookover a Chinese engineering company in name of nations security.

Debt Diplomacy -

The Beijing Belt and road initative aimed to expand in Asia,Africa ,Europe and beyond but bought debt problems in many nations . Even Malaysia ,Sri Lanka and Pakistan also showed debt concern of this programme

Conclusion -

With all these China has shown and has grown over time and has become one of the independent agent and supplying medium to big houses though is time and again accused of much problems

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