The US is the world’s number one economy. China is the second largest power.
The US is the world’s leading global power. China is number two.
With a population of nearly three times that of the US and high growth rates (which is normal for a developing economy), China is expected to surpass the US economically.
Although China is not expected to surpass the US militarily, its weapons modernization programs, developing navy, and 2+ million person army present formidable challenges to the US. And, of course, the trick is managing thse challenges while taking advantages of all of the opportunities a growing China provides to the US (high levels of investment, a massive consumer market, and hundreds of thousands of students).
Issues in China-US Relations
Currently, there are a few dominant issues in China-US relations.
*Korea. The most significant issue in China-US relations at the moment is the question of how to pressure North Korea to denuclearize, or at least to pull back from the brink of conflict. Initially, President Trump place a lot of hope on the ability of China to resolve the dispute with the North, as China is Korea’s number one trading partner. When China appeared not to do so – North Korea has tested two ICBMs and a nuclear weapon since then (plus other weapons) – Trump lashed out at China, threatening to cut-off trade.
One set of questions you need to be p