What the Rise of Asia in the 21st Century Led by What China Has Brought

Paper Type:  Essay
Pages:  7
Wordcount:  1790 Words
Date:  2022-12-05
Categories: 

Introduction

The paper dissects into the place of the two economic giants in stimulating the growth of Asia. This is of prime significance and relevance to the world because it presents new analysis and evaluation of the socioeconomic and Geo-political look and feel of the world. It suits the reignites the old debate of East versus West tug-of-war, a key factor that has always guided policy-making and worldview. The thematic concerns ubiquitous of this rhetoric is basically changing. Evolution of the less powerful and low-key voices to the leadership in the global arena. The focus is on the two key stakeholders in the growth of Russia - China and India, and their influence on the hegemony, and the state of affairs. A tempest revolt against the status quo. The whole concept is based on the assumption that the world is oriented toward the most influential or superpower. The powerful nation will always tend to superimpose their ideologies and beliefs on the minor countries. Hence, here is the underplayed India-China axis, obliterating the uni-polar norm. The paper is presented through India and China's catalyst on the upsurge of Asia's socioeconomic and political aspects, what this means to the world powers on the precipice of relegation and how the culture of these nations are charted by globalization.

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The economic boom in Asia with China and India being the key players has set a new paradigm in the world economy. For instance, in the advent of the 21st century, China's share in the World's Gross Domestic Product surpassed that of the US by four percentage points. Remarkable is the shift from the West to the East. How does this affect the region? What does this mean to the US, developing nations and the world economy? Bottom-line, the prospect of China challenging the status quo and overturning an entrenched world order remains rife. Amid the disruption, is Asia's elevation to the US as well as the world's socioeconomic and political dimensions? Here is how China is shaping globalization, in terms of its approach and culture as in its contributions.

The Rise of Asia to the US and the World Economic, Political, and Social Aspects

China: A brief history would date back to 1100 AD when her historical relevance to world civilizations placed her at the epicenter of intensive global power. This was marked by advancement in industrial, (Iron and steel production, tools, production and art, cast iron, and smelting), technological and economic practices. It was coincidental with the European civilization, and hence history viewed with the Euro-centrist lens could have overlooked China. Unsung China's breakthrough in technology and industry of the AD 1500 was a milestone in her development. China. One party state under the Chinese Communist Party (CCP). The monopoly of power, "Socialist China." Factors of China's Geopolitics, democracy, Euro-phobia, could spawn the fate of nationalism, frequented by reformists and abolitionists. China's political way remained repressive and posed a potential scuffle in the world. This has been in its Asian counterpart India citizen-activism; the struggle for basic amenities, better living and working conditions, lobbies and advocacy groups. In the colonial era's historical context, China was Geo-politically the superior of other Asian nations per se until the muddling up by the European imperialism. This put China in the international influence wilderness, but it is on the rebound to its former geopolitical place.

China's cordial relationship with Southeast Asia, impacting the influence of regional development on inter-state relations. An economical, strategic, demographic and politically powerful nation, compared with its Asian neighbors. Regional order and balance gravitate towards mainland China. Regionalism as a cornerstone of globalization. Regional-association and accuracy as a feature of international politics. The convergence of Asian states into one welfare bloc Association of Southeast Asia Nations (ASEAN) in 1967, bolstered regional cooperation. Another important one was expansion in scope to accommodate new members in the North under the auspices of ASEAN plus. It is less focused on governance and intervention in conflicts such as the one in Burma. Its hands-off approach to internal politics and human rights is a hallmark of China's diplomatic philosophy. China well seems diplomatic, less of antagonistic and of domination. It has been moderate to territorial integrity and sovereignty of the smaller nations in the region. Regionally, China is embracing asymmetric regionalism, where the states with differences, capacities, and orientations are tolerated as heterogeneous polities and societies. China in the ASEAN clings to the principle of non-alignment and non-interference. Susceptible to the systems of undemocratic practices, all these seem to agree with China's totalitarian regimes and anti-liberal practices.

Trade; bilateral and multilateral trade deals. Economic undertakings in regional integration and cohesiveness. Economic development in Southeast Asia is carried along by China. Through Chinese Business Networks. Malaysia, Singapore, Indonesia, Philippines. Southeast Asia's policymakers predict that China is bound to trample state stability. A case example is contention over the Spratly Islands, Vietnam, and the Philippines. Foreign makers in China, however, continue to be fashioned into the codes and framework of international relations. Cordial relations between China and other economic giants in the Asian region, notably Japan, good neighborhood policy and competitive economies scramble for factors of production between China and her neighbors especially Singapore and Malaysia. China has an open economic and market policy. Does not seek to consolidate production inputs but rather shares them, widening the scope of integration. Production networks in China are rather hierarchical, involving many players drawn across the whole of the ASEAN. Turbulent economic transition. Economic growth leaps in Asia, clouding sociopolitical cataracts where the nations are unable to cope. Increased sociopolitical awareness, occasioning democratization via public opinion and participation.

The other issue is on the security concerns over the military strength of Asia. Tense diplomacy between Korea and U.S. Taiwan, Pakistan-India territorial feuds. There is military buildup with the two nations prioritizing military spending. Militarism, flexing the military muscles. Middle to low-income neighbors. Exports, preferential, and fair trade. Low-Income Asian Countries (LIACs) like Sri-Lanka, Vietnam, Pakistan, and Myanmar. It is almost hard to achieve economic integration since the trade is duopolies between China and India. China enjoys a consumer preference for its consumer goods as opposed to its Asian neighbors. This gives them a competitive edge since the goods are cheap due to mass production and economies of scale. Investors have thus injected their resources in either 'China or India resulting in massive job cuts and unemployment back at home. Both India and China are characterized by populous, leading economic growth, ancient civilization. China consolidated manufacturing and is dubbed, "the factory of the world."

Even so, there is a pessimist school of thought being traded by some skeptics that, the rise of Asia is a fallacy. The region remains beset by bottlenecks, upheavals, instability, and socioeconomic and geopolitical threats, corruption, poverty, insecurity, and the like. The rise of Asia is a misnomer. Diversities in the socioeconomic and political facets of the individual states. Corruption, economic challenges such as inflation still exist, national disillusionment: former one-party states, and transition towards multiparty democracy. Examples are Taiwan and South Korea. This is not to be underestimated though. A positive here is the integration of the developing neighbors in the supply chain by giving them a platform to their domestic markets and increasing the competitiveness of the LIAC exporting industry. China in the front-line for a united Asia as envisaged by the Silk Road "belt and Road Vision" This is going to unify an economically disintegrated Asia. Unity will break down trade barriers and create economic inter-linkages. Generally, the strategic location of India and China in expansive coastlines amidst landlocked countries and middle-income to developing nations provides a ready market for its goods and is a component and part of its success.

What India and China’s Economic Boom Could Mean to the U.S., Developing Countries, and the World Economy

The first issue is geopolitics. English Geographer (Sir Halford Mackinder, The Geographical Pivot of History, 1904), avers that the then state of affairs, with Eurasia being the pivotal epicenter of world power, will be reversed by Chinese in the event they expand their powers beyond their borders. They have a coastal advantage, one that was denied to Russia. To expound, this leaves China a leader over land, sea gave this coastal stretch, expansive, and good harboring of sea vessels. The power and influence are far-reaching in the world. The ever dynamic landscape of economic and military prowess, the trade, defense, and the ensuing leverage. The also noted directly impacts India, since both countries have a common strategic geo-location to Asia. Leverage on global capitalism; the elite nations tend to super-impose their ideologies to the inferior nations. Imperialism in terms of culture, economy, politics-- they are restructuring the world. For example, is the American hegemony? The line between the three entities: globalization, capitalism, and global hegemony are blurred. It is now eclipsed by contemporary trends and alliances in system ideologies and rising block such as BRICS (Brazil, India, China, and South Africa). Another instance of the debacle of the West hegemony is the redefinition of nations, in the show of might and further accommodated to wider assembly - the G20.

With the collapse of the USSR, perhaps easing the polarity between capitalism and communism, there is also room for discourse on the best economic ideology, something scholars have explored. Capitalism as a discrete construct. Is it a homogeneous system or heterogeneous? In the case of China and Neo-liberalism, the dominance of capitalism, trade, migrations, diffusion of knowledge theory, technology and religion, culture have spurred the growth of modern capitalism, that they are wide scope in the human life. Suspicion on China; conspiracy theories are read deeply-seated realism of international relations. China's place in the community of nations seemingly is gaining traction, as opposed by the U.S. who could be headed for a slump, evidently, economic-wise. The trade and budget deficits, which the U.S. relies on China to plug them and the recent trade wars are classic examples. Show of might continue and seems messy. Already are jitters over China's unforeseen rise.

The anxiety of the power dislocation. Speculations of a global war pitting Asia vis-a-vis the Pacific. For the West, it's the end of an era, with the baton of world supremacy finding another different rightful owner, China.

The unprecedented take off, and economic impetus of Asia significantly stems from China's economic success. Asia is a leading player in manufacturing and is now set out to be the world's largest market. The Asian nations - Hong Kong, Singapore are now reputable world finance and business centers. China and India have had an impact on World affairs, a trend that has seen a concentration of power towards the East, from the West. China subtlety confronts the established global system...

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What the Rise of Asia in the 21st Century Led by What China Has Brought. (2022, Dec 05). Retrieved from https://proessays.net/essays/what-the-rise-of-asia-in-the-21st-century-led-by-what-china-has-brought

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