IJSSER

Title: CHINA’S GROWING FOOTPRINT: A RISE OF NEW SINO-CENTRIC WORLD
Authors: Simran Choudhary and Anuranjan Singh
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Simran Choudhary and Anuranjan Singh Central University of Jharkhand, Ranchi
MLA 8 Choudhary, Simran, and Anuranjan Singh. "CHINA’S GROWING FOOTPRINT: A RISE OF NEW SINO-CENTRIC WORLD." Int. j. of Social Science and Economic Research, vol. 6, no. 12, Dec. 2021, pp. 4534-4551, doi.org/10.46609/IJSSER.2021.v06i11.006. Accessed Dec. 2021. APA 6 Choudhary, S., & Singh, A. (2021, December). CHINA’S GROWING FOOTPRINT: A RISE OF NEW SINO-CENTRIC WORLD. Int. j. of Social Science and Economic Research, 6(12), 4534-4551. Retrieved from doi.org/10.46609/IJSSER.2021.v06i11.006 Chicago Choudhary, Simran, and Anuranjan Singh. "CHINA’S GROWING FOOTPRINT: A RISE OF NEW SINO-CENTRIC WORLD." Int. j. of Social Science and Economic Research 6, no. 12 (December 2021), 4534-4551. Accessed December, 2021. doi.org/10.46609/IJSSER.2021.v06i11.006.
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Abstract: There was a time when Europe used to ignore and undervalue the Asian countries in the name of Eurocentrism. They used to criticise Africans and Asians for their living standards and cultures. Because of the lack of Industries, Scientific knowledge, poor economy, and rational approaches. After postcolonialism, China became the main critic of Eurocentrism with its great economies, industries, culture, scientific approaches and with a respective position in the globe. The People’s Republic of China has become one of the most important players in the emerging global economy with USD $14 trillion GDP and security architecture. China's powerful step to taking on more involvement in developing, as well as its strong bilateral economic relationships, frequently enhancing its global contributions. The most obvious example is in the field of development finance. It has started the Asian Infrastructure Investment Bank (AIIB) for “scaling up financing for sustainable development” and to improve the global economic governance mainly for the developing countries. Till 2012, China has provided economic assistance to almost 121 countries. Apart from the economic capacity, Chinese culture has also an influence on the whole world, it ranked 8thin the world and almost 16% of the world population speaks the Chinese language and it has the 1 strank in the world’s most spoken language. With the “The Belt and Road Initiative (BRI)”, China projected its economic clout to Europe and the rest of the world and overtake Eurocentrism. Through its investment’s footprint in Europe, China is going to establish a new “Sino-Centric” world.

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