Only One Country Has A Global Strategy Right Now — and that should 'unnerve' the US
By Elena Holodny
In our increasingly volatile and multipolar world, there's one state with a true plan, according to Eurasia Group president Ian Bremmer.
"The only country in the world with a global strategy right now is China — and I think that that should unnerve us," Bremmer told Business Insider in a sit-down interview.
Bremmer argues that while Washington hasn't had a defined foreign policy strategy for the last quarter century, China has decided both an economic and a military strategy for itself in the medium to long-term.
"The Chinese do want to compete with us economically globally.
They want to compete with our standards, they want to compete with our influence, they want to compete with our architecture that we've created, and they're doing that through the BRICS Bank, and the AIIB, and through the Silk Road Initiatives — you name it," he said.
"Over a trillion dollars being spent — no one else comes close. And it's a real strategy. It will certainly be overreach in some places, but overall, I suspect it will work."
(Reuters) Map highlighting members of the Asian Infrastructure Investment Bank.
However, having a foreign policy strategy is not the same thing as dominating every country in every single arena.
As Bremmer points out, "China has decided that militarily they cannot compete with the United States over the medium term, maybe even in the long-term. Outside of Asia they can't."
Interestingly, China's medium-term economic and military strategies could lead to an "asymmetric world" over the next decade.
A world in which Beijing has the economic upper hand, while the US remains the military powerhouse, according to former Australian Prime Minister Kevin Rudd in his summary report on "The Future of US-China Relations Under Xi Jinping."
Consequently, it's that much more important that Washington clearly define its foreign policy agenda in a world where the US isn't far and away the only major power (as was the case in the years immediately following the collapse of the Soviet Union).
NOW WATCH: 11 facts that show how different China is from the rest of the world