Is USA a Declining Superpower? And Can China surpass USA as The Global Superpower?
The Fall Of USA And Rise Of China
Well looking
at the recent events, like the war in Afghanistan and The Ukraine war, it makes
us think that is USA still the only superpower of the world? And also could
China overtake USA and become the biggest power in the world? Well in this blog
we will study it in detail.
Until the
world war 2 the only superpower in the world was the British Empire, after the
end of world war 2 in 1945, the British empire was completely devastated and
destroyed, It had become so weak that it could not be called a superpower
anymore and as the British empire declined, two new countries emerged as
superpowers, these two countries were USA and the USSR ( Soviet Union). USA
followed capitalism and Soviet Union followed communism, they were ideological
adversaries of each other. The world soon turned into a dipolar world with USA
as the one pole and USSR as another pole. And that led to start of a cold war
between USA and USSR, but after the collapse of the USSR in 1991, the USA
remained the sole economic and military superpower in the world. The world
turned into a unipolar world with only one superpower, the USA, But now we are
observing that USA has started declining as a superpower.
USA has now
started staying away from conflicts and power projection around the world, we
can say this by looking at recent two incidents, First the humiliating pull out
of USA from Afghanistan after 20 years of long war, then the Ukraine Russia
war. In both the cases USA has shown reluctance and unwillingness to get
involved. These incidents raise questions on USA’s superpower status.
Now lets
come to China, well China is giving a tough competition to USA both economically
and militarily but it is not yet a superpower and is not at all capable to
challenge USA as of now, but in future China can surpass USA both economically
and militarily and become the biggest power in the world, but it has long way
to go.
Even if
China surpasses USA militarily, it will be hard for China to challenge USA economically
as the Dollar of USA is considered as a standard currency for trade, almost
every country uses dollar for trade, even China has a huge foreign exchange reserve of US dollar, so
even if not a military superpower, USA will remain an economic superpower for
at least few decades more.
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