The New Cold War: Geopolitical Dynamics Between the US and China

The New Cold War between the United States (US) and China reflects profound changes in global geopolitical dynamics. In the last two decades, tensions between the two countries have increased, covering various fields such as economics, technology, security and political influence in the Asia-Pacific region. The economy is the main arena of competition. China has created a broad Belts and Roads initiative, aimed at increasing connectivity and investment across countries. This has raised concerns in the US which sees the initiative as a strategy to increase China’s global dominance. The dominant USD foreign exchange in international trade is also starting to be faced by China, which is actively encouraging the use of the renminbi in global transactions. From a technological perspective, rivalry is gradually becoming more intensive. A clear example is the competition in the development of 5G technology, where Chinese companies such as Huawei face bans in the US and its allies’ markets. With these restrictions, the US is trying to block the expansion of Chinese technology which is considered to endanger national security and data privacy. In the security aspect, tensions in the South China Sea reflect deep concerns. China claims almost the entire area, while a number of countries, including the US, challenge these claims by carrying out freedom of navigation operations. This action not only highlighted conflicting territorial claims, but also sparked regional geopolitics, with countries such as Japan and Australia strengthening their military cooperation with the US. In addition, human rights issues, for example China’s handling of Uighurs in Xinjiang, affect relations between the two countries. The US criticized this policy, issuing sanctions against Chinese officials. Meanwhile, China has denounced external intervention as a form of meddling in its domestic affairs, showing how ideological values ​​also fuel tensions. Competition is also visible on the international stage, with China seeking to change the structure of international organizations to better benefit its interests. Through an active role in the UN and other international institutions, China wants to promote an agenda that is different from Western values. Furthermore, China’s ever-increasing arms purchases, especially in terms of advanced military technology, add to the complexity of the situation. This triggered a response from the US to increase the defense budget and strengthen alliances with ASEAN countries, of course as a strategic step to balance China’s military strength. In this context, the search for common ground becomes increasingly difficult. Despite efforts to establish dialogue, fundamental differences in views on the power and role of each country hinder progress. Future relations between the US and China will not only change the geopolitical map, but also influence global developments in the coming years, including impacts on the environment, health and international trade. This condition shows that the New Cold War does not only involve military power, but also infiltration in the global economy, technology and ideology, forming a new world landscape full of challenges and opportunities.