The Rise of China on the Current World Order Essay

The Rise of mainland China on the Current World Order - Essay poserThe Rise of China on the Current World OrderThe fact that a majority of major economic powers hold strong preference for the ongoing world order should not be surprising because of the lessons learnt from the disturbances in the 20th century that shook multinational politics, causing a rise of new institutional arrangements. As such, even before the end of World War II, there were efforts aimed at creating world constitutional order.America and other industrialised countries have entered into an while where they experience profound transformation since the international economy emerged in the period around the 17th and 18th centuries. The rise of the Asian economy, specifically China, has greatly influenced international affairs. In fact, Lampton (2008) notes that Chinas re-emergence as a key world economic and political actor has received much recognition globally. The size of Chinas market and its integration in to the world economy has been a source of many opportunities and uncertainties at equal measures. There have been concerns regarding its currency, global trade and liking for energy (Bergsten, Freeman, Lardy & Mitchell, 2008). Furthermore, concerns have been raised with regards to Chinas policies on finance, resource management, food security and commodity prices as affecting millions of people outside its boundaries. In fact, Xing compares it to Americas erstwhile role making it an indispensable country (2010, n.p.). Therefore, the rise of China would definitely have a negative impact on the current world order.