12 May 2015

Editorial: Is China Ready to Be a Global Power?

By Xie Tao

China has the tools of global power, but not the willingness to use them.

China is fast becoming a global actor, as its economic and diplomatic presence is felt nearly everywhere around the world.

It is also viewed by many as a global power in the making. In economic and military terms, China surely has the trappings of a global power. It is the world’s the second largest economy and the top trading nation; it also boasts the world’s largest foreign exchange reserve. Meanwhile, China’s military budget is second only to that of the United States, and its arsenal of advanced weapons is quickly expanding.

Nevertheless, there is much more to a global power than simply economic and military might. It is one thing to have power resources, and it is another to translate these resources into preferred outcomes. The latter requires — among other things — strategic vision, political willingness and psychological readiness. Leaders in Beijing appear to have a sophisticated vision for China’s role in international affairs, as exemplified by “a new model of major-power relations,” “major country foreign policy with Chinese characteristics,” and “One Belt, One Road.” But it is highly questionable that they are also politically wiling and psychologically ready to turn that vision into reality.

Read the full story at The Diplomat