Washington would be quite happy with a destabilization of Iran, which would not necessarily affect Iranian oil exports, whereas a seriously destabilized China would usher into a very dangerous crisis for the global capitalist economy. Let’s just mention a few crucial ones: on the one hand, the more China plays a key role in the world capitalist market the more this market becomes dependent on the state of the Chinese economy and the more global capitalism will have a stake in the stability of China.Ĭhina has become a huge market as well as a huge exporter: it thus belongs to a completely different category than Iran, for instance. What are the implications of China’s integration into the global capitalist economy for its geopolitical importance? Predictions like those you mentioned are actually useful only to Washington and the Pentagon as they are used in order to justify the huge US military budget.īut the truth of the matter is that there is only one "hyperpower" nowadays (with many vassal states), and that is the US, which is on an agressive imperialist course, harmful to the whole of humankind. The US outspends now the rest of the world, and keeps a close eye on all its potential rivals, including China, with the objective of maitaining its "full-spectrum dominance". These predictions are usually based on projections of the current Chinese rates of growth, whereas it is far from certain that China will be able to sustain such rates for decades, not to mention that no one could bet on the social stability of the Chinese state at a time when increasing inequalities are producing increasing tensions.īesides, the gap in military expenditure between the US and China is increasing year after year, not decreasing. What do you think of predictions that in a few decades China will be a superpower challenging the US on a global scale?
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