A review on hegemonic transformation of China

In recent years, one of the most debated topics in International Relations is rise of China. Especially, with its impressive economic performance, China is evaluated as a potential rival to the USA. This study evaluates China's hegemonic transformation by employing critical theory of Robert W. Cox. Taking production relations as its starting point, it probes the possiblity if China can manage to establish a new world order. For this purpose, this study evaluates the period from the Mao era to contemporary in terms of production relations, social forces and state forms, to answer the question "Can China create a counter hegemonic movement or is it an American passive revolution?". Another interest of this study is what China's economic model is and whether this model is sustainable or not. This paper claims that it is actually based on neoliberal economics. In the framework, this study also discusses why China's economic model should be regarded as neoliberal, how it is different from other neoliberal countries and whether this model is sustainable or not.