Several decades ago, when Japan was a rising power in Asia, people talked about the EU-US-Japan triad. The international situation is changing so rapidly in the twenty-first century that China is now regarded as an emerging power whose rise will have a huge impact on international relations. The rise of China, with its unprecedented economic growth as well as increasing diplomatic and military prominence, has become a defining feature of our time and is considered as 'one of the great dramas of the twenty-first century' (Ikenberry 2008). While the nineteenth century was frequently called the British Century, and the twentieth the American Century, part of the debate in the twenty-first century is on whether it will be the Chinese Century (see, for example, Beckley 2011/2012). Jacques (2009, p._359) wrote that 'the rise of China and the decline of the United States are central to the present global depression'. China's rise has great implications for the reconfiguration of great powers in the world, and is often said to inevitably end the US's unipolar status, and at the same time weaken the EU's influence. Others argue that China has become the beneficiary of the economic crisis (Foot and Walter 2011), though America's global primacy in economic and political affairs as well as within global institutions remains considerably strong.