Chinese Century

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The Chinese Century is a neologism suggesting that the 21st century may be geoeconomically and/or geopolitically dominated by the People's Republic of China, similar to how the "American Century" refers to the 20th century and the "British Century" to the 19th. Related terms are "China's rise" or "China's peaceful rise." Inside China, the slogan "great rejuvenation of the Chinese nation," coined by Jiang Zemin, is more often used. China created the Belt and Road Initiative, which, according to analysts, has been a geostrategic effort to take a larger role in global affairs and challenge American postwar hegemony. It has also been argued that China co-founded the Asian Infrastructure Investment Bank and New Development Bank to compete with the World Bank and the International Monetary Fund in development finance. In 2015, China launched the Made in China 2025 strategic plan to further develop its manufacturing sector. China's large working population has contributed to its rise as a global...

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