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the Asian hegemon in a bipolar US-China contest. The pro-democracy demonstrations in Hong Kong are a case in point. China has armed itself with a new national security law, and should the popular movement gain renewed momentum, it is likely to use force to suppress the movement. In the present polarised climate, that will inevitably lead to new US and Western sanctions, including stricter export controls targeting sensitive technology exports to China. This, in turn, would trigger another round of exodus of value chains out of China, accelerating the decoupling of the US and Chinese economies. As the demonstrations in the US are echoed other countries, there will likely be different outcomes, depending upon the nature of the political system in place. The hottest product i love hockey all over print stainless steel tumbler Democracies are less likely to use force and more likely to introduce changes to address underlying causes. Authoritarian regimes, which suffer from a crisis of legitimacy, are more likely to use excessive force and less likely to address underlying issues, out of a fear of unleashing a chain of events they would be unable to control. After the Global Financial Crisis (2007–08), there was a relative decline in US power, and China made the most of a period of strategic opportunity by occupying the space vacated by a US preoccupied with the

 

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