在國際政治經濟學中，特別是研究霸權轉移理論中對於國家債務與國際政治權力之間的關係，成爲國際政治經濟學中重要的研究議題。而國家債務問題，既是經濟問題，也是政治問題，所引發的政治問題在於兩國債務與債權地位所形成的互賴關係，另一種政治問題則是屬於債務國內部政治動盪的問題。本文提出一個假設，中國作爲債權國的確可以藉由削弱他國的經濟主權，而提出諸多條件迫使債務國接受，或者透過享有債權的能力在談判中位居優勢，但是否在未來將因此而擁有債權而成爲霸權？本文結論爲否定，國際債權只是成爲霸權的其中一個條件，但仍需有設定「國際規範」之能力。

Studying on power transition theory in international political economics is the most important research field, especially clarifying the relations between national debts and international political powers. The national debts are both political and economic issues. In international level, it will create the deep interdependence between creditor and debtor nations, and it will also produce domestic political problems in the debtor nation. This article figures out one assumption: Will China be the hegemonic super power when it becomes the largest creditor nation? The answer is no, because debt hegemony is only one part of the conditions to become the super power. If China wants to get the statue, it should have the capacity to setting international rules.