The race of two Asian giants! How India’s rise can keep China’s growing influence in check

By M Saad

Clashes of ideas and culture have been going on for centuries between the east and west. From the appearance of things in the coming years, it is very possible for the East to surpass the West in many aspects. This will change the course of history and geopolitics. The shift of the center of power has been waiting quite a long time. In the coming years, Asia is expected to regain its position as a prominent economic force that has been lost after the industrial revolution three centuries ago. The shift in the endless scale of power towards China in the last decade is a threat to the West, who has tried every trick in this book to control the country’s meteoric growth.

One of the reasons for optimism that grows among Asian countries is the number of natural resources in the region. According to estimates, the Middle East joint, Russia and Central Asia contributed nearly 70 percent of global oil reserves and 65 percent of natural gas reserves. The gas field in Galkynysh, Turkmenistan is the second largest in the world. Countries located between the Mediterranean and Pacific Sea including Russia, Ukraine, India, China, Pakistan, and others contributed more than half of the world’s wheat production.

Southeast Asian and East Asian countries such as Indonesia, Vietnam and others accounted for 85 percent of world rice production. When it comes to natural resources such as vital silicon for semiconductor production, nearly three -quarters of global production occur in Russia and China. What’s more, Southeast Asian countries contributed mostly for global GDP. Countries including India, China, South Korea, Japan, Australia and New Zealand together have 30% of global GDP, accounting for a total value of more than $ 30 trillion.

The West is declining and talking about how and when it will go down like everything that rises is taking place in the living room across the Asian continent. A series of weapons violence incidents in the US are a good example of the spiritual decline in American society. This century has been referred to as “Asian Century” because development occurs in the east with amazing speed and scale. Some reports show that in 2050 per capita income in Asian countries will increase six times in terms of purchasing power parity (PPP). This development is projected in the midst of the influence of US decline, which has been the western spearhead over the past few decades.

The withdrawal of American troops from Afghanistan while the country was taken over by the Taliban last year without a shot fired from both sides and US actions during the Limited Ukraine War to help the country under Russian attacks to defend themselves to show the world that the tired US US did not mood to be involved in another war. But President Joe Biden only stated that in the case of Taiwan was attacked by China, which is an important US ally, his country will intervene. However, past events-whether the inhibition of the US in Afghanistan when the Taliban took over cities after the city or its role in the Russian-Ukraine war had an impact on US strategic credibility in Europe and elsewhere. Beijing must understand a new position that is weaker than the US as its advantage in the Indo Pacific region, where he directly or indirectly holds several ASEAN countries in their necks.

While China projects its aggressive efforts in the region, both giving a destroying blow to pro-democracy protests in Hong Kong, his treatment of Taiwan as an integral part of the Chinese state, his hostility along the LAC in Arunachal Pradesh or the construction of artificial islands and artificial defense Infrastructure development in the South China Sea – as a protection of its national interests rather than its efforts to dominate global. And there is no need to say that Beijing will do anything to maintain the Western power from disturbing Asian adventures. Some countries have dealt with the aggressive policy of the Xi Jinping regime to “bend your knees to Beijing or face horrifying consequences”. Sustainable dominance from China over the sea route is also a major barrier for trade expansion for several ASEAN countries, which are prohibited from taking trade routes by sea in the region.

Tensions between India and China have increased since PLA (People’s Liberation Army) entered the East Ladakh region in the country in May 2020. As a retaliation, the Indian government limits the access of Chinese companies in the Indian market, forbid almost 278 Chinese applications of China with a very large user base But some companies with Chinese support are still developing in this country. India acknowledged that the full conflict cost with China would be too high. It might also go into the country to the economic malaise, if it comes to war.

Since 1993, India and China have worked to find peaceful solutions through a joint agreement to resolve border disputes, which have been the cause of competition and bitterness for the two neighboring countries. After this new confrontation, India and China are now again using diplomacy to maintain the status quo and find a peaceful solution for territorial disputes. Considering the geographical location of India, China is not an enemy desired by the country. India already has Pakistan on the northwest border with which the territorial dispute over part of the land in the Kashmir region has been going on since 1947. China is a third party in this conflict because it claims part of the disputed land.

China’s dominance in East Asia

China’s journey in terms of economic growth has been extraordinary in the last two decades. The nation with the largest population in the world has come far since the 1970s when introducing a new version of a hybrid socialism that brought most populations out of poverty. At present, China has become a strong country that shapes the future of several countries through investment.

China’s Belt and Road initiative is under the typical Foreign and Economic Policy of Beijing called President Xi Jinping as the “project of this century” in 2017. China has helped the development of infrastructure in several Asian, African and South American countries. This strategic investment gives China excellence in strengthening diplomatic bonds and support that is very much needed in the world that is fast changing. But some countries saw the country’s aggressive approach to trading and tactics as a threat.

The emergence of China as an American rival in the new domain of trade, defense and technology forms the current geopolitical path. One can measure the rise of the Chinese state with the dominance of trade and share in global exports. The country’s foreign trade contributed 35% of GDP and that was the largest exporter of goods in the world. The US, despite sharing a complicated relationship with China, has bilateral trade of $ 657.4 billion in 2021.

The Chinese government holds a large number of US national debt with $ 1060 billion in Treasury Holdings, which is almost 14% of the total US and second debt after the Japanese part of 17%. This approach helps export-oriented China in selling its products at low prices in the US market, which in turn also supports the US dollar value to remain stable. In the last two years, China’s economic recovery after a stable pandemic with manufacturing, investment and exports that acts as the main driver.

Indian opportunity to fly

The only answer to the dominance of China that grew in this region was a strong and independent India, which now strengthens its position in the Indo-Pacific region. Japan may be far before India in several departments but India has the advantage of its population and large domestic markets. Last year’s country exports on $ 417 billion showed the upward track but an increase in imports of $ 611.8 billion left a deficit of $ 192.24 billion. The US-Indian bilateral trade has shown a trend of decline since 2019, when it reached $ 146.1 billion. US trade with India dropped to 18% to $ 122 billion in 2020. According to the United States census bureau, trade between the two countries reached an estimated $ 113.3 billion ago.

If a person considers the vast Indian national market and the Indian economic way to fate apart from trials and misery, the picture is seen promising in terms of future economic growth. At present, India ranks sixth in the list of countries with the highest total GDP value. Although, the Dream of the Indian government to become an economy of $ 5 trillion in 2025 can remain far, growth will continue at more or less speed if there is no economic reform ‘outside the box’ adopted to further improve the economy.

The nation whose establishment is like Jawaharlal Nehru to see a stable future in the country in terms of agriculture alone has come far since 1991 when the economy moves towards liberalization. The country is now opening a new way for itself and exploring areas that have not been mapped in terms of planning to become the largest renewable energy producer in the world. India’s growth story in the last two decades has inspired several developing countries but now is the time for India to be an inspiration for developed countries. This will be a big challenge for the second most populous country in the world, which is still struggling to withstand mass poverty and unemployment. If the truth is told, India is like two sides of a coin that is never like a one-sided might shine: India from a very rich business tycoon and all conquests, but the other side shows the gloomy reality: India which is hit by poverty from India was seized.

Indian trade relations with developed countries are very important because this country has begun to work in its future efforts – the most useful of which can turn into net energy production. Leaders in India understand the economic and political consequences of the growth of Chinese and geopolitical tensions that arise because of its regional dominance. The Indian government has seen economic stability during this difficult period. Some FTA who are delayed with the US, the European Union and Britain, of course can change the game.

US economic cooperation for Asian countries – especially for India – can further help keep the increase in China under control. The stable and strong New Delhi can be the right answer to fight China or at least limit the aspirations of territorial sovereignty outside of its border. Those who hold power in New Delhi are well aware of the consequences of China’s dominance mentioned above. The country works to create a more profitable environment for foreign investors, especially for those who refuse China to regulate their moorings in India. China found herself in the midst of problems in these difficult times when the country fought with a new outbreak of Covid-19 infection with the most stringent locking.

A much greater problem for China destroys perceptions that quickly get land – all are not good in this country. This forced China Daily, which was managed by the government, recently advertised the progress in China in the Indian newspaper. The Chinese Communist Party propaganda has also appeared in the famous Indian publication in the past as a paid advertisement.

A worrying sign for China is the increase in the number of investors coming out of the Chinese market and looking for newer grasslands. That’s where India’s opportunity to consolidate further lies. India has exceeded several Asian countries and if possible utilize this profit there will be no stop for countries that will have the largest workforce in the world in 2030. While the challenges that China will face in this decade – one is an economist in which an economist where An economist in which an economist in which an economist in which an economist is an economist in which an economist in which an economist is an economist in which an economist in which an economist in which an economist Where an economist has been called “Baby Bust” – is a population that is aging and “credit bubbles” that the nation has created with an increase in the level of debt. China was warned by the IMF at the level of dangerous debt in 2017.

Because more and more American companies continue to sources of raw materials from India and consider the efforts of both parties to further strengthen economic ties, it is clear that the two countries are in the right direction. This is all the result of the germination of sentiment in the US to limit the increase in dependence on China for its domestic needs. These are all signs of the structure of the global economic shift and India’s opportunity to fly over the red dragon in the coming years.