the hegemonic campaigns worldwide. Actually, these states, some of them recent great powers, surrender their strategic sovereignty en mass in favor of the hegemonic stability. External balancing While the hegemonic bloc concentration is overwhelming, anti-hegemonic military alliances do not form. No power entangles itself in military alliance against the United States. "No counter-hegemonic coalition has taken shape, and none is on the horizon." The only visible pattern to the relations between Moscow and Beijing since the late 1950s is that there is no pattern. There is no evidence that they want to transform their strategic partnership into a military alliance and much evidence to suggest that they do not. China The United States is still considered by most analysts to be at the top of the world, both economically and in terms of military strength. With these abundant resources and power, the world remains "a single superpower world". However, many analysts envisage the emergence of new giants which threaten the U.S. hegemony. These giants, they argue, create new power centers all over the world and the world becomes ever more multipolar. Of those new giants, the single greatest competitor of United States is China as it is growing rapidly with "no equal in modern history". Historically, examples of hegemonic decline come in two prime sectors: the leading state's military and its economy. Both arenas are crucial for the analysis of the shifting power structure. With the highest gross domestic product at purchasing power parity, China poses a significant challenge to U.S. economic primacy especially with the expectation that U.S. national debt could explode to 717% of GDP by 2080 according to Congressional Budget office. Moreover, this debt is financed largely by China through the purchase of U.S. Treasury bonds. On the other hand, China's economic power, not limited to but including industrialization and modernization, is rapidly burgeoning with high consumption and increasing foreign investment. As Global Trends 2025 points out, the rise of China and India to great power status will restore each to "the positions they held two centuries ago when China produced approximately 30 percent and India 15 percent of the world's wealth." U.S. military can be characterized by "imperial overstretch," wrote Paul Kennedy in 1987. Fifteen years later, Kennedy re-estimated: “Nothing has ever existed like this disparity of power; nothing. I have returned to all of the comparative defense spending and military personnel statistics over the past