Without sufficient incentives, countries that have joined IPEF are unlikely to agree to high US-preferred standards in areas like digital economy and anti-corruption.
India's centrality in the Indo-Pacific trade architecture should have made New Delhi launch IPEF much before US President Joe Biden did. It can still be a rule maker.
China patiently invested capital, skill and technology in coal gasification. Unlike it, we won’t move from words to action. As crude prices decline, we lose interest.
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