Relevance : GS Paper II
Introduction
There is an unfolding movement in the world’s two most important strategic relationships.
The two Relationships
- Between world’s leading economic powers — US and China.
- Between world’s top military powers— US and Russia.
The US—China fight
- US raised tariffs on Chinese exports.
- US is accusing China of stealing its intellectual property.
- US is pushing back against China’s assertive policies in the South China Sea and renewing a measure of strategic support to Taiwan.
What lies ahead in US-China-Russia relationship?
- The deep economic interdependence puts a limit on the conflict.
- Anti-Russian mood in US and vice-versawill prevent even a minimal understanding.
Impact on India
- Whichever way the great power dynamic moves, there will be consequences — some bad and others good — for India.
- For example, whether US cuts a deal or escalates the economic war with China, India can’t continue with its trade policy lassitude.
Way forward for India
- Cope with the volatility in the relations between America, China and Russia.
- Summit meetings such as SCO and G-20 offer an opportunity to to assess the nature of the new great power dynamic.
