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The China BoomWhy China Will Not Rule the World$
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Ho-fung Hung

Print publication date: 2015

Print ISBN-13: 9780231164184

Published to Columbia Scholarship Online: May 2016

DOI: 10.7312/columbia/9780231164184.001.0001

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PRINTED FROM COLUMBIA SCHOLARSHIP ONLINE (www.columbia.universitypressscholarship.com). (c) Copyright University of Minnesota Press, 2021. All Rights Reserved. An individual user may print out a PDF of a single chapter of a monograph in CUPSO for personal use.date: 22 October 2021

A Post-American World?

A Post-American World?

(p.115) Five A Post-American World?
The China Boom

Ho-fung Hung

Columbia University Press

China has been addicted to US Treasuries and is financing the US lasting global power, defying the common conception that China is displacing US global leadership. China's geopolitical influence is growing in Asia and in the developing world, but it has been contained by the anxiety of smaller countries that seek US protection.

Keywords:   US Treasuries, global dollar standard, BRICS, World Trade Organization, South China Sea, Africa

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