
Can India Replace China?
The ongoing tensions between the United States and China have continued to escalate as the global economic crisis deepens. While the US economy is still the most powerful in the world, its dominance is being challenged by a rapidly shifting multipolar world, with China as a powerful economic force and hub for global assembly. The US is attempting to enforce various measures to counter the perceived “threat” from China, but it faces obstacles as the interests of different economic blocs compete with each other. Despite US efforts to revive archaic agreements and institutions established during and after the Second World War, when the US dominated the capitalist world, there is no full agreement with Europe, for example.