Saturday, October 3, 2009

China Expands Global Reach as U.S. Slumbers

China's President Hu Jintao (fifth from left) flanked by former President Jiang Zemin (fifth from right), top legislator Wu Bangguo (fourth from left), Premier Wen Jiabao (fourth from right), and other leaders, applauds as they watch the celebrations for the 60th anniversary of communist rule on the Tiananmen Gate in Beijing, China on Thursday. /AP-Yonhap
Oct. 03, 2009
The Chosun Ilbo

The American "hegemony" is receding, leading economist Jeffrey Sachs said Tuesday in an article for the Financial Times on the G20 Summit held in Pittsburgh. The article was titled "America has passed on the baton." In mid-September, 16 U.S. intelligence agencies released a document which pointed to Beijing as one of Washington's main global challengers in the future. All this shows that the U.S. is on the ebb in the 21st century, while China's international standing and influence are rising rapidly.
Since the Sept. 11, 2001 attacks, the U.S. has concentrated foreign policy attention on the Middle East, which it pointed to as the source of terrorism, but has paid less attention to Asia, Africa and Latin America. By contrast, China has been expanding its influence and raising its profile in those areas.

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