"Since the end of the Cold War, hegemonism has become increasingly unpopular"

This quote by Li Peng suggests that given that the end of the Cold War, the concept of hegemonism has become less popular. Hegemonism is the concept that one state or power must control the worldwide system. This concept was popular during the Cold War, as the two superpowers, the United States and the Soviet Union, competed for worldwide impact. Nevertheless, since completion of the Cold War, the concept of hegemonism has become progressively out of favor. This is likely due to the development of a more multipolar world, with several states and powers completing for impact. In addition, the rise of worldwide companies such as the United Nations has actually likewise added to the decline of hegemonism. These companies promote cooperation and partnership in between states, instead of dominance by one power. Thus, Li Peng's quote recommends that given that completion of the Cold War, the concept of hegemonism has actually ended up being increasingly out of favor.