EDITOR'S NOTE.

• Author: Ataman, Muhittin
• Position: The decline of the United States and the rise of China in global powers - Editorial

Today, the world system is in a transition and experiencing a deep international crisis. The U.S. has begun to oppose the basic international institutions such as the United Nations and its subsidiary organs and specialized agencies, even though most of these were established with American motivation. The hegemon state, the U.S., has been alienating most of its partners and even allies. The U.S. governments have begun to focus on the national setting and to underestimate the international one; to favor unilateral policies over multilateral ones. The presidency of Donald Trump has expedited this process. American rejection of providing global public goods such as international security and free trade has led to a systemic crisis.

The relative decline of American power coincides with the persistent rise of China. Those who claim that the days of Pax-Americana are numbered assert that the rise of China will determine the future of the world system. China has begun to expand its influence worldwide. For this purpose it has established alternative political and economic international institutions such as the Shanghai Cooperation Organization (SCO) and the Asian Infrastructure Investment Bank (AIIB). Furthermore, China leads the establishment of some other international organizations as well. BRICS is only one of these formations challenging the political hegemony of the West, led by the U.S. One of the most promising Chinese projects is the One Belt, One Road (OBOR) Project, aspiring to connect the East (China) to the West (the world markets). It is expected that, on its completion, the OBOR Project will take China to the center of the world economy and politics.

China has been the fastest growing economy in the world for the last thirty years. Its share of the world trade has increased dramatically, recording the highest share in world exports for several years. China has been enjoying economic transactions with all major international actors with more than 200 partners in exports and imports. However, in terms of per capita income China still lags behind the advanced Western countries. Furthermore, according to the calculations made by the World Bank and IMF, Chinese per capita income is still lower than the world average.

China recently began to invest in the political and military sphere in the non-Western world. It has military bases in its near abroad and in the African continent. That is, Chinese economic influence and technological...