China, the US and imperialism
In the first in a new series, Adrian Budd examines the changing power balance between China, the US and regional competitors — and how this fits with the Marxist theory of imperialism.
The nuclear stand-off between the US and North Korea focused eyes on Asia in 2017. Despite their differences, including over sanctions, the US and China have cooperated over North Korea’s nuclear programme and have a common interest in attempting the impossible of stabilising global capitalism. But they also have rival interests and China’s rise is the key long-term issue facing US power.