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Published on 29 November 2024
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Lu,X. (2024).Analysis of Strategic Competition Between China and the United States in the New Cold War Era.Advances in Economics, Management and Political Sciences,124,93-100.
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Analysis of Strategic Competition Between China and the United States in the New Cold War Era

Xiyu Lu *,1,
  • 1 Nanyang Technological University

* Author to whom correspondence should be addressed.

https://doi.org/10.54254/2754-1169/2024.17733

Abstract

With the advent of the "New Cold War" era, the United States has identified China as its "primary strategic competitor," leading to an escalation of strategic competition between the two nations across multiple fields. This paper outlines the specific manifestations of Sino-U.S. strategic competition. As China has become the world leader in total financial capital, industrial capital, and commercial capital, its foreign strategy has encroached upon U.S. financial interests, resulting in a continuous escalation of strategic competition, particularly in the financial, high-tech, and military sectors. The paper primarily analyzes the deeper causes of Sino-U.S. strategic competition from three perspectives: the adjustment of U.S. reindustrialization policies, the dual export of economic costs and institutional costs, and the construction of a new Cold War ideology. It also considers the political and economic environments both domestically and internationally, and analyzes China's competitive strategies.

Keywords

New Cold War era, Sino-U.S. relations, strategic competition

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Cite this article

Lu,X. (2024).Analysis of Strategic Competition Between China and the United States in the New Cold War Era.Advances in Economics, Management and Political Sciences,124,93-100.

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About volume

Volume title: Proceedings of the 3rd International Conference on Financial Technology and Business Analysis

Conference website: https://2024.icftba.org/
ISBN:978-1-83558-699-0(Print) / 978-1-83558-700-3(Online)
Conference date: 4 December 2024
Editor:Ursula Faura-Martínez, Javier Cifuentes-Faura
Series: Advances in Economics, Management and Political Sciences
Volume number: Vol.124
ISSN:2754-1169(Print) / 2754-1177(Online)

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