Chinese imperialism and the new cold war - Vincent Kolo"Think 1914 with nuclear weapons at the ready." This is how Max Boot in the Washington Post described the possibility of a Taiwan war. The new Cold War being waged between two imperialist blocs, dominated by the U. S. and China respectively, has become the main driving force of global economic and political developments. It has slammed the process of capitalist globalisation into reverse and unleashed a military build up not seen for half a century.