How does China affect the Philippines economy?

China has also been the Philippines’ top trading partner under Duterte’s watch. Imports from China also peaked in 2019 at $24.5 billion, higher than total goods from the US and Japan combined. The Philippines, however, continued to send more goods to the US and Japan for the last five years.

Who is the Philippines biggest trading partner?

As of June 2021, The United States, including Alaska and Hawaii contributed the highest export value to the Philippines. As of this date, exports to the U.S. amounted to 1.09 billion U.S. dollars. Coming in close second was China, with exports valued at 1.06 billion U.S. dollars.

What is the main argument of hegemonic stability theory What are the strategies and motives of hegemonic states?

Hegemonic stability theory (HST) is a theory of international relations, rooted in research from the fields of political science, economics, and history. HST indicates that the international system is more likely to remain stable when a single state is the dominant world power, or hegemon.

Is there a “third way” to China’s global hegemonic advancement?

This article argues that the “Third Way” or “Dutch-style” hegemony is highly instructive in this context and, thus, should be examined and added to the existing debate on China’s rise as either a benevolent or coercive hegemon. We argue that Dutch-style hegemony may be the most viable way for China to proceed in its global hegemonic ascendancy.

Is China seeking regional hegemonic dominance?

Hegemonic contenders as various as Napoleon or Imperial Japan have been defeated. Get briefed on the story of the week, and developing stories to watch across the Asia-Pacific. To be fair, it is not clear yet if indeed China seeks regional hegemony. But there is a growing consensus among American and Japanese analysts that this is indeed the case.

Does China have benevolent hegemonic intentions?

This inference is consistent with the analysis of those who prognosticate China’s violent rise. Conversely and simultaneously, China’s participation in peacekeeping operations and its global investments evince its benevolent hegemonic intentions, which are congruent with the argument of those who predict China’s peaceful hegemonic ascent.

Is the Dutch-style hegemonic viable for China in a future world order?

We argue that the Dutch-style hegemony may be the most viable way for China to proceed in its global hegemonic ascendancy in a future world order. Please review our Terms and Conditions of Use and check box below to share full-text version of article. Use the link below to share a full-text version of this article with your friends and colleagues.