Emergence of the G-2 system
US and China will continue to have an interest in strengthening their ties with their client states and trade partners, while at the same time reaching global deals that serve their interests
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Washington
THE collapse of the bipolar international system - the US versus the Soviet Union - after the end of the Cold War was followed by the so-called Unipolar Moment when the US seemed to be running the global military and economic show for a few years.
But in the aftermath of a series of US strategic setbacks in the Middle East and the meltdown of the American financial system in 2008, there has been a lot of talk about the return to the kind of multipolar international system with the US occupying one pole in the new international system side-by-side with new and old powers, including China, India, Russia, the European Union (EU), Brazil and South Africa.
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