India, China and the World
India is much closer to Europe than Beijing. Chinese leader Xi Jinping
arrived in Europe just a few days behind the Indian Prime Minister, Narendra
Modi. Major governments across the world are assessing the direction the
European Union will go in the coming few years.
Prime Minister Modi’s European tour is partly designed to position India
for this new Europe. His three stops – Germany, France and Spain – reflect New
Delhi’s sense that these will be the three most important governments in a
post-Brexit EU. He has served to remind Europe that the Indian government might
be rightwing, but on climate change and counterterrorism it is very much in the
global mainstream. Also, when it comes to democratic values and the rules-based
world order, India is much closer to Europe than Beijing. Europe’s newfound
scepticism about China’s Belt-Road can affect its relation with China.
Asserting that a strong India-China partnership is important for the
world, the International Monetary Fund has said that maintaining openness to
trade is very important, especially for Asia. India and China are currently
responsible for half of global growth, so a strong economic partnership between
these two large economies is very important — for their people and for the world.
India and China, to be sure, have contributed similarly to global output
for more than a millennium and half in the past, it's mostly the
Industrialisation that made the West technologically superior in recent
centuries. This has come to saturation, the Anglo-American Zionist Empire wants
now to rule the waves again with weapons and wars only. This is obviously
yielding negative results in world order. India and China need to trust each
other more to take BRICS seriously and make it relevant against the likes of
IMF and World Bank.
After more than three decades of stupendous growth, China is in the
process of making the painful transition to a lower growth path. As it does so,
the ruling CPC is increasingly turning to nationalism to provide legitimacy in
the eyes of its own people. China now openly seeks to ‘display its prowess’ and
‘assume its responsibilities’ in the world. However, it still lacks the
capability to impose a political or security order of its own in its immediate
neighbourhood. There is, therefore, likely to be a period of instability in the
Asia–Pacific region, and the environment in which India pursues its interests
will get more complex. China and India today have a relationship with elements
of both cooperation and competition. While both countries have a common
interest in improving on the existing security and economic order, they compete
in the periphery they share. A danger present in present-day India–China relations
comes from the mutual gap between perception and reality. This is a moment of
opportunity for India–China relations, and each country could benefit its core
interests by working with the other.
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