China's Rise as a Threat to the U.S. Hegemony

Abstract

The hegemonic status of the United States shows indications of decline in the coming 20 years based on analysis done using the long cycle theory and the hegemonic stability theory. Due to the Belt and Road Initiative and Made in China 2025 Initiative, China's growing economy will be responsible for China's challenge to the United States. Combined with the increased economic power, China is likely to spend more on security and develop its military more substantially than the United States to counter its military power. Given its growing international status, China shows the potential to challenge the hegemonic status of the United States in the world.

Keywords: hegemony, long cycle theory, hegemonic stability theory, the U.S, China, decline, rise, superpower, economy, military, political stability.