China has become the world’s second largest economy as a result of its sustainable and high economic growth. With its political, economic and military developments over the past few years, China is stepping forward to being a global superpower rather than a gradually rising country. Being the only superpower after the Cold War, the United States’ geopolitical, geo-economic and geo-strategic impact have weakened in the past few years, whereas China’s regional and global impact, as well as its economic growth have increased. It can be stated that in many parts of the world China is filling the geopolitical gap left by the U.S., and due to various initiatives China is regarded as an important alternative to the U.S. both economically and diplomatically.