The relationship between the United States and China is important on the world stage because of the financial, military and political power that each nation wields. The relationship is also unlikely to turn into outright hostility, unless some unforeseen dramatic event occurs. But as time passes, the growing rivalry between each nation is likely to become more important for international relations between outside countries.
Anti-Beijing sentiment is on the rise in Taiwan, as the country trusts the United States.
Patrols and exercises have become almost constant over the past year in the country, with planes scrambled in response to growing harassment from China.
China claims Taiwan as its territory and threatens to invade if Taipei refuses to submit indefinitely.
This position has sparked outrage and alarm in the United States, known to be the unofficial protector of Taiwan.
A poll released in April found that 39.6% of those polled believe China and Taiwan are headed for military conflict, up from 35% last year and 25% in 2004.
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China and the United States are likely to continue to accumulate disproportionate weight in the international system in the future.
This is to some extent fueled by the technology sectors of both countries.
Each country has unique traits and characteristics in this sector with world-class research expertise, large capital pools, abundance of data and highly competitive innovation ecosystems.
A global economist at the Economist Intelligence Unit, Matthew Sherwood told Express.co.uk that the United States and China are at the frontier of technological innovation and therefore this is fueling competition between the two countries.
Mr Sherwood told Express.co.uk: “As in many industries, the United States increasingly views China as its main rival, especially as Beijing is targeting the industry for investment. Strategic and security concerns are also at stake.
“Washington has gone to great lengths to pressure its allies to limit or even prevent Chinese companies’ access to areas deemed strategically important, including the deployment of 5G mobile networks.
“Finally, China has its own domestic political and security concerns that underpin its drive to establish a strong and viable indigenous technology sector.”
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The tensions between the United States and China are not only fueled by the ongoing battle for supremacy in the tech world.
The economist said China’s interests in Asia are another crucial factor as they not only threaten to destabilize the region, but will end up pressuring Washington to act or intervene on behalf of its allies in the region. .
In addition, there is a growing risk that China will seek to annex Taiwan over the next several decades as the balance of power shifts.
Mr. Sherwood added: “In such a scenario, the United States would be forced to intervene militarily (both in the physical and cybernetic realms) to defend Taiwan.
“Failure to act would not only mean that the United States would lose face among its Asian allies, but would also signal that the era of US global hegemony is well and truly over. “
Economic forecasts indicate that the United States and China will remain the world’s two greatest economic and military powers for the foreseeable future.
According to forecasts by The Economist Intelligence Unit, China will overtake the United States as the world’s largest economy in the early 2030s.
Mr. Sherwood told Express.co.uk: “As a result, the US-China rivalry will weigh heavily on a global scale for many decades to come.”