Discuss and critically evaluate the following: The 'rise' of China over the past four decades raises challenging questions about the relationships between politics, market expansion, international cooperation and cultural and social developments. Will China be able to make a significant impact in shaping the future of globalisation?

'include key terms, concepts and topics discussed in the module such as the Washington consensus, Pax Americana etc in order to develop a sound framework of analysis. Also include health, environment, finance, geo-politics, etc to highlight issues as you discuss your question thereby avoiding it from being too general. Where appropriate do not forget to discuss the importance of governance.'