The United States has used restrictions on exports of US goods as a key tool to thwart Beijing's technological advances, ratcheting up tensions between the two countries.
China’s resource diplomacy has been shaping individual and multilateral initiatives globally. But in the past few years, its monopoly has been declining.
China views India as an inward-looking democracy that has yet to focus on economic or military prowess. New Delhi needs to counter it with hard muscle and economy boost.
There is fear that Joe Biden administration will lead with ‘cooperation’ rather than a clear policy of containing China. That’s not a great idea with the Chinese.
As the prospects for armed conflict at LAC recede, Indian strategists must now begin the process of making sense of the troubled India-China relationship.
The paper warns about the fast-reducing gap between US and China. For India, it means deciding whether to take sides in what could be a war in South China Sea or Taiwan.
It seems China is able to impose itself as a critical business partner even at a time when countries have been grouping up against its increasing belligerence under Xi Jinping.
Economists found Chinese exporters didn’t lower prices to keep their goods competitive after US imposed tariffs, which meant duties were paid by American firms and consumers.
The Trump administration’s moves against Huawei — particularly the arrest of Meng Wanzhou — have added to the rising tensions between the US and China.
Finance ministry says the proposed revamp will focus on structural reforms, rate rationalisation & ease of living, & will be deliberated upon in the coming weeks.
The project is meant to be a ‘protective shield that will keep expanding’, the PM said. It is on the lines of the ‘Golden Dome’ announced by Trump, it is learnt.
Now that both IAF and PAF have made formal claims of having shot down the other’s aircraft in the 87-hour war in May, we can ask a larger question: do such numbers really matter?
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