US’ Second Island Chain strategy is now at stake as Chinese military vessels venture further afield. Warnings by Australia, Japan could become prophecies.
IMF says much of the downgrade was due to slower growth in India, which is now forecast to expand 9.5% this year, and South East Asia, where the virus continues to wreak havoc.
This is the game every nation is now learning to play. Some are finding new allies or seeing value among nations where they’d seen marginal interest. The starkest example is India & Europe.
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