Factors such as the US dollar and its lead in emerging technologies mean the US will be hard to supplant, academic Zheng Yongnian warns.

Although the US is in decline, underestimating the country could still prove a “fatal mistake”, according to a prominent Chinese commentator. “The United States is still a hegemony in decline. Even with its relative decline, it remains a hegemony because no nation or force is currently capable of truly taking its place,” Zheng Yongnian, dean of the school of public policy at the Chinese University of Hong Kong, Shenzhen, said. In a recent interview with the Greater Bay Area Review, which is…

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