|  Dealing
with China:
Threats and Opportunities
Posed by A Rising Global Power
China is not only a vast potential
market, it is a rising military power and potential threat to others
with a major stake in Asia: Japan, the United States, Russia, Taiwan,
South Korea, and others. Rising powers like China often pose serious
policy dilemmas for other Great Powers.
The
United States and Germany posed such threats in the late nineteenth
century, but with very different outcomes. The U.S. managed to assert
its growing regional power without threatening the vital
interests of Britain and Germany. Imperial Germany was not so fortunate.
Its clumsy militarism posed such a severe threat to France, Russia,
and Britain that they overcame their own rivalries and formed a
defensive bloc.
Today, China faces similar problems—that
is, asserting its growing economic and military power without threatening
its partners and turning them into an adversarial bloc. Washington,
Tokyo, Seoul, and Taipei face equally serious challenges dealing
with China.
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