This paper aims to explain the competition between actors in the multipolar international system and influence the constellation of countries that challenge the US in achieving hegemony. Therefore, multipolar conditions encourage competition and dominance between the US and several countries, one of which is China in control (business hegemony) as the end result of competition between the two, especially in Indonesia. The results of this paper explain that US and Chinese MNCs are tools and economic strategies for both countries to dominate the global market and economy, one of which is in Indonesia. Both countries are actors that accommodate the market expansion of MNC companies that are packaged through investment, joint ventures, and infrastructure. In other words, the competition between the US and China is a step for each country to achieve business hegemony between the two countries, one of which is in Indonesia.
Track: Modeling and Simulation
Published in: 12th Annual International Conference on Industrial Engineering and Operations Management, Istanbul, Turkey
Publisher: IEOM Society International
Date of Conference: March 7
-10
, 2022
ISBN: 978-1-7923-6131-9
ISSN/E-ISSN: 2169-8767