Fragmenting World Geo-Economic Order: Making Sense of the Escalating United States-China Economic Tension

Olusegun Obasun
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Olusegun Obasun: Smart Access Holdings Limited, Abuja, FCT, Nigeria

International Journal of Research and Innovation in Social Science, 2024, vol. 8, issue 7, 2783-2808

Abstract: The unipolar dominance of the US after the Cold War era is fading as China’s economic and military rise reshapes the global order. This complex rivalry extends beyond economics, encompassing technological competition, with both countries vying for leadership in artificial intelligence, quantum computing, and 5G technology. Geopolitical tensions fueled by issues like Taiwan and the South China Sea further strain the relationship. The ongoing trade disputes and potential decoupling of economies could harm global growth and prosperity, increase the risk of military conflict, and fragment the global order.

Date: 2024
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