The EU, the US and China – Towards a New International Order?
Show Less

The EU, the US and China – Towards a New International Order?

Edited by Men Jing and Wei Shen

The interaction between the EU, the US and China is of particular importance to the formation of the international order in the 21st century. This book focuses on the latest developments and examines how critical the interactions between these three players are to future global governance.
Buy Book in Print
Show Summary Details
You do not have access to this content

Chapter 3: Sino-EU-US relations: where are they going?

Jing Men


International relations have been evolving rapidly since the end of the Cold War. After the collapse of the Soviet Union, the US became the only superpower in the 1990s. In the first decade of the twenty-first century, although Washington still took the leadership in world affairs, it encountered more and more difficulties in maintaining its supreme status. The financial crisis, which began in 2008, weakened its influence. As a consequence, the emerging powers are becoming more visible on the global scene, on issues ranging from world governance to financial and economic security. In particular, China is becoming an indispensable player in almost all the important world affairs. The EU, as a regional organization with 28 member states, aspires to be not only an economic power and normative power, but also to play an important role in global political and security issues. While the EU's enlargement to the east indeed made the union larger, it does not necessarily make it stronger. The euro came into existence at the beginning of the twenty-first century, and has become the currency of 17 EU member states. However, the financial crisis dragged the euro into an evident crisis that seems likely to negatively affect the integration process of the EU. The EU faces a serious challenge as to how to stabilize the Eurozone and solve the sovereign debt problem.As founders of the current international system, the US and the EU's leading member states do retain great influence in international affairs.

You are not authenticated to view the full text of this chapter or article.

Elgaronline requires a subscription or purchase to access the full text of books or journals. Please login through your library system or with your personal username and password on the homepage.

Non-subscribers can freely search the site, view abstracts/ extracts and download selected front matter and introductory chapters for personal use.

Your library may not have purchased all subject areas. If you are authenticated and think you should have access to this title, please contact your librarian.

Further information

or login to access all content.