"According to [[Mike Pompeo|Pompeo [U.S. Secretary of State] ]], Chinese leader Xi Jinping and the Chinese Communist Party (CCP) harbor a “decades-long desire for global hegemony.” This is ironic. Only one country – the US – has a defense strategy calling for it to be the “preeminent military power in the world,” with “favorable regional balances of power in the Indo-Pacific, Europe, the Middle East, and the Western Hemisphere.” China’s defense white paper, by contrast, states that “China will never follow the beaten track of big powers in seeking hegemony,” and that, “As economic globalization, the information society, and cultural diversification develop in an increasingly multi-polar world, peace, development, and win-win cooperation remain the irreversible trends of the times.” US military spending totaled $732 billion in 2019, nearly three times the $261 billion China spent. The US.. has around 800 overseas military bases, while China has just one (a small naval base in Djibouti). The US has many military bases close to China, which has none anywhere near the US. The US has 5,800 nuclear warheads; China has roughly 320. The US has 11 aircraft carriers; China has one. The US has launched many overseas wars in the past 40 years; China has launched none (though it has been criticized for border skirmishes, most recently with India, that stop short of war)."
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Sources
Jeffrey Sachs, America’s Unholy Crusade Against China, Project Syndicate, (5 August 2020)
https://en.wikiquote.org/wiki/American_imperialism
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American imperialism
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