Araştırma Makalesi

China's Strategic Challenge to Hegemony for a New Global Order

Cilt: 9 Sayı: 3 19 Eylül 2025
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China's Strategic Challenge to Hegemony for a New Global Order

Öz

This study examines China’s challenge to the global hegemonic order through finance, politics, and commerce in a systematic and interconnected manner. Its research question is "What are China’s strategic initiatives in economic, political, and commercial spheres against global hegemonic order?”. China implemented initiatives notably since 2008 financial crisis with dissatisfaction from Western-dominated institutions. Financially, China’s initiatives of “Asian Infrastructure Investment Bank”, “New Development Bank”, digital yuan and “Cross-Border Interbank Payment System” highlights its drive to reduce reliance on Western financial mechanisms. Politically, China utilized BRICS alliance to advocate for a multipolar world order as alternative to the U.S. hegemony. Commercially, China augments its global influence by advancing high-value industries, “the Belt and Road Initiative” and “Made in China 2025”. This study's originality lies in its integrated and holistic analysis of China’s systematic initiatives in these strategic spheres to reshape international power structures. Methodologically, this study adopts a qualitative analysis approach, synthesizing data from primary and secondary sources to provide a holistic view of China’s strategic efforts across these spheres. It thus distinguishes from existing literature and offers more comprehensive perspective on China's systemic challenge to global hegemony by integrating financial, political, and commercial dimensions within a unified analytical framework.

Anahtar Kelimeler

Kaynakça

  1. Aldasoro, I., Cabanilla, C., Disyatat, P., Ehlers, T., McGuire, P., & von Peter, G. (2020). Central Bank Swap Lines and Cross-Border Bank Flows (SSRN Scholarly Paper No. 3748491). https://papers.ssrn.com/abstract=3748491
  2. Alltech Magazine. (2024, September 29). Inside China’s Electric Vehicle Revolution: A Closer Look. https://alltechmagazine.com/inside-chinas-electric-vehicle-revolution/
  3. Amighini, A. (2017). China’s Belt and Road: A Game Changer? ISPI.
  4. Asian Infrastructure Investment Bank. (2024a). About AIIB: Introduction. Who We Are. https://www.aiib.org/en/about-aiib/index.html
  5. Asian Infrastructure Investment Bank. (2024b). Members of the Bank. Governance: Members and Prospective Members of The Bank. https://www.aiib.org/en/about-aiib/governance/members-of-bank/index.html
  6. Asian Infrastructure Investment Bank. (2024c). Overview—Infrastructure for Tomorrow—AIIB. Asian Infrastructure Investment Bank: Who We Are. https://www.aiib.org/en/about-aiib/who-we-are/infrastructure-for-tomorrow/overview/index.html
  7. Asian Infrastructure Investment Bank. (2024d). Project Summary—Projects—AIIB. Asian Infrastructure Investment Bank. https://www.aiib.org/en/projects/summary/index.html
  8. Best, R. (2024). Most used currencies SWIFT 2024. Statista. https://www.statista.com/statistics/1189498/share-of-global-payments-by-currency/

Ayrıntılar

Birincil Dil

İngilizce

Konular

Ekonomi Politik Teorisi, Uluslararası Siyaset

Bölüm

Araştırma Makalesi

Erken Görünüm Tarihi

13 Eylül 2025

Yayımlanma Tarihi

19 Eylül 2025

Gönderilme Tarihi

7 Kasım 2024

Kabul Tarihi

26 Nisan 2025

Yayımlandığı Sayı

Yıl 2025 Cilt: 9 Sayı: 3

Kaynak Göster

APA
Balcı, İ. (2025). China’s Strategic Challenge to Hegemony for a New Global Order. Politik Ekonomik Kuram, 9(3), 1083-1096. https://doi.org/10.30586/pek.1580803
AMA
1.Balcı İ. China’s Strategic Challenge to Hegemony for a New Global Order. PEK. 2025;9(3):1083-1096. doi:10.30586/pek.1580803
Chicago
Balcı, İlyas. 2025. “China’s Strategic Challenge to Hegemony for a New Global Order”. Politik Ekonomik Kuram 9 (3): 1083-96. https://doi.org/10.30586/pek.1580803.
EndNote
Balcı İ (01 Eylül 2025) China’s Strategic Challenge to Hegemony for a New Global Order. Politik Ekonomik Kuram 9 3 1083–1096.
IEEE
[1]İ. Balcı, “China’s Strategic Challenge to Hegemony for a New Global Order”, PEK, c. 9, sy 3, ss. 1083–1096, Eyl. 2025, doi: 10.30586/pek.1580803.
ISNAD
Balcı, İlyas. “China’s Strategic Challenge to Hegemony for a New Global Order”. Politik Ekonomik Kuram 9/3 (01 Eylül 2025): 1083-1096. https://doi.org/10.30586/pek.1580803.
JAMA
1.Balcı İ. China’s Strategic Challenge to Hegemony for a New Global Order. PEK. 2025;9:1083–1096.
MLA
Balcı, İlyas. “China’s Strategic Challenge to Hegemony for a New Global Order”. Politik Ekonomik Kuram, c. 9, sy 3, Eylül 2025, ss. 1083-96, doi:10.30586/pek.1580803.
Vancouver
1.İlyas Balcı. China’s Strategic Challenge to Hegemony for a New Global Order. PEK. 01 Eylül 2025;9(3):1083-96. doi:10.30586/pek.1580803

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