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vlc 3d - All these developments show an explicit threat from country of South to the US hegemony. vlc 3d - At the end of World War II, the United States as hegemon helped establish international regimes upholding liberal principles, norms, rules, and decision making procedures. ” (Khan Tanzimuddin Mohammad, 2004: 14) vlc 3d. The realists, according to the hegemonic stability theory warn about the “coercive hegemon” (Cohn H. The US is well aware of China’s rising economic power which is taken as threat to the US hegemony. Theodore, 2008: 59) which can use certain coercive measure like threats, sanctions, cutting off trade, and creating other trade barriers to the challenger. vlc 3d - According to the Congress Research Service (CRS) Report (Lum Thomas, Nanto K. vlc 3d - LDCs try to alter international economic regimes and organizations. vlc 3d - developing country’ and according to official statements, delivered since or before joining the WTO, China is in favor of developing countries. vlc 3d - The US is the largest market of China overseas and second largest source of foreign direct investment. vlc 3d - The realists assert that “a rising hegemonic state prefers an open international system because this can contribute to its economic growth, national income, and political power. vlc 3d - ” (Khan Tanzimuddin Mohammad, 2004: 13). vlc 3d - LDCs depend on government involvement to promote their development. vlc 3d - ” (Khan Tanzimuddin Mohammad, 2004: 15). vlc 3d - It further says that it will “speed up the remedy for problems such as an imbalanced multilateral trading system, and the ineffective implementation of the Uruguay Round Accords. vlc 3d - Theodore, 2008:65) China in the World Economy and Implications for the . vlc 3d - China is the 4th largest industrial economy of the world but identified as a . LDCs have opted for policies such as import substitution and export-led growth in which the government supplements the market. This shows the possibility of change in the balance of power in favor of developing countries with the help of China’s leadership which is also a developing country. vlc 3d - The US Reaction to Rising Chinese Trade. China’s entry in WTO is not independent but has certain implications for the rest of countries of South. vlc 3d - Due to its growing involvement in international trade, China has entered into WTO by becoming a full member of it on December 11, 2009.