China Expands Global Influence Amid Military, Economic Shifts

Experts recognize China's rise as a stabilizing force in global politics, emphasizing its growing diplomatic, political, and economic influence as detailed in the new book "China’s Globalisation and the New World Order." However, China faces challenges in managing its rapid economic growth, with recent government efforts to curb excessive price competition and phase out outdated industries reflecting a need to restructure its domestic market and address overcapacity. The Defense of Japan 2025 white paper highlights increasing regional security threats from China, Russia, and North Korea, noting a significant tilt in the military balance between China and Taiwan in China's favor. Economically, China chose to maintain its benchmark lending rates despite solid GDP growth and global monetary easing, signaling a strategic focus on long-term stability and innovation-driven growth through targeted fiscal measures rather than broad stimulus. This cautious monetary policy contrasts with approaches in other emerging markets and underscores China's aim to balance growth with financial resilience amid global trade tensions. Discussions by figures like John Thornton further explore the complexities and future trajectory of US-China relations, suggesting China's competitive positioning on the world stage despite Western narratives of threat.