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gideon rachman: america's global strategic influence may have reached its limit

2024-09-24

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reference news reported on september 24on september 16, the financial times website published an article titled "china, the united states and the struggle for global power and influence," written by the newspaper's chief foreign affairs commentator gideon rachman. the full text is excerpted as follows:

the foreign policies of the united states and china sometimes seem like carbon copies of each other. but when it comes to the execution of foreign policy, they are no longer carbon copies of each other. washington and beijing have different advantages in the struggle for power and influence, and therefore different strategies.

the unique advantage of the united states lies in its military strength and its proactive provision of security guarantees to its allies. the united states has signed collective defense agreements with more than 50 countries in europe, asia, and the americas, and it also provides important military assistance to informal treaty allies such as israel and ukraine.

unlike the united states, china has territorial disputes with some of its neighbors, which often pushes them to the u.s. side.

but in terms of economic relations, china has an advantage. according to the lowy institute in australia, 128 countries currently have more trade with china than with the united states. over the past decade, china has invested in more than $1 trillion in infrastructure cooperation projects in more than 140 countries, gradually becoming the world's largest creditor and trading power. these achievements have been demonstrated around the world - whether it is high-speed rail in indonesia, ports and bridges in africa, or roads across central asia.

for developing countries pursuing rapid economic development, china's proposal is very attractive. as daniel lund, a former usaid official, told the us congress this year: "from project identification to contract signing, from construction start to completion, china moves much faster and at a much lower cost than the united states in almost every stage."