The rise of emerging economies like Russia, Brazil and South Africa challenged the post-Cold War unipolar world order. As China’s capacity and influence grow, many promising areas for cooperation are opening up, from trade to infrastructure, environment and development aid. The development of China creates opportunities for partnerships in delivering public goods and sharing the burden of maintaining the global economic and security order. This in turn poses challenges to the traditional U.S. supremacy and leadership, especially if in the U.S. calculation such leadership cannot be shared.
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