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This book investigates the major internal and external pressures and constraints facing China as it enters the new century. It is widely recognised that in its capacity as a nuclear power and as a member of the UN's Security Council, China plays a major role in world politics. China is also a growing economic power, which according to some economists is projected to overtake the US 20 years from now. China has clearly emerged as the major power in the East Asian region and the major issues of contention in the region such as the tension on the Korean peninsula, the Taiwan issue and the conflicting territorial claims in the South China seas cannot be resolved without China's active participation.