Handbook on China and Globalization
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Handbook on China and Globalization

Edited by Huiyao Wang and Lu Miao

An excellent guide for understanding the trends, challenges and opportunities facing China through globalization, this Handbook answers the pertinent questions regarding the globalization process and China’s influence on the world.
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Chapter 14: China’s global power ambition: expectations, opportunities and challenges

Zhiqun Zhu

Abstract

In a short span of time, China has assembled many of the trappings of a global power. With every major foreign policy initiative, such as the Belt & Road Initiative and the establishment of the Asian Infrastructure Investment Bank, China seems to be moving closer to realizing its great power ambition. This chapter discusses the following questions: Will China replace the United States as the dominant power? What challenges does China face on its path to becoming a global power? What internal and external factors have contributed to changes and continuities in Chinese foreign policy? How does the international community view China’s rise? What are the challenges China faces in its pursuit of the “Chinese dream”? How can China and the international community work together to ensure China will be a peaceful, responsible, and respectable global power?

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