On February 20, Xinhua released a statement on “U.S. Hegemony and its Perils,” which claims to expose “U.S. abuse of hegemony in the political, military, economic, financial, technological and cultural fields” and bring “international attention to the perils of the U.S. practices to world peace and stability and the well-being of all peoples” (Xinhua, February 20).
The polemic charges the U.S. with “clinging to the Cold War mentality,” intensifying “bloc politics” and “stoking conflict…China's Global Security Initiative: A Post-American International Order?
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