As the trade volume and financial investments flow consistently between two countries, interest in preventing conflict and conserving peace in each country respectively will strengthen. Since the late 1970s, economic exchange between the U.S. and China has increased exponentially. As China moves into it’s fourteenth year of membership and cooperation with the World Trade Organization (WTO), opening its markets even more so to foreign commodities and wealth, the amount of profit-making linkages between the United States and the PRC will deepen. This economic interdependence has and will continue to foster a strong mutual interest in peace between the two Pacific powers, constraining any inclinations toward …show more content…
They argue that the single most important feature of the PRC today is its rapidly climbing economic power. China’s fast-growing economy brings with it expanding military capabilities. A developing GNP has made it relatively easy for the PRC to maintain a large and continuously inflating military. In recent years, China’s spending on weapons and military paraphernalia has grown at an impressive pace. The rising standards of per capita income wages, productivity, and technological proficiency associated with economic growth should also translate into an increasing ability both to absorb sophisticated weaponry imported from foreign providers and eventually to develop such infrastructures domestically. These expectations too rise from the average pattern of Chinese military progress over the last decades and are good reasons to expect that China will be able to build and deploy more increasingly capable military systems in years to