This is the fourth post in a series on the new Geoeconomic World Order.
Henrique Choer Moraes (@choermoraes) is a Brazilian diplomat and a PhD candidate at the Leuven Centre for Global Governance Studies (Belgium). He is the author of academic and policy work in the areas of international economic law and global economic governance, which mostly reflect his experience with economic diplomacy and strategic planning. The views and opinions expressed in this article are the sole responsibility of the author and do not necessarily reflect the positions of the Government of Brazil.
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As a key element of its economic and national security strategy, China has worked to become more technologically advanced when it comes to innovating and manufacturing critical technology.
In recent years, shifts in how the United States understands its national interest have contributed to a growing convergence between the realms of economics and security.
The international system appears to be entering into a new geoeconomic world order, characterized by great power rivalry between the United States and China and the use of economic tools to achieve strategic goals.