China’s central bank has plans to roll out a digital yuan, which could circumvent the U.S. dollar in important global financial transactions. Here are some ways the digital yuan could pose a challenge to the dollar’s prominence.
If China returned to genuine neutrality on the Kashmir question between India and Pakistan, it could make it a lot easier for New Delhi to set aside its sovereignty argument on the China-Pakistan Economic Corridor.
As Beijing begins to recognize the potential dangers to China from U.S. President Trump’s policies on trade and security, President Xi has turned on the charm offensive towards its Asian neighbors.
An India that is less inhibited about trade liberalization and more open to commercial, technological, and civil society partnerships will find Nordic countries ready to accelerate its internal modernization and international rise.
The United States and India are on the cusp of translating a shared vision for the Indo-Pacific into tangible cooperation. Defense trade could prove an important catalyst.
The Indian, Japanese, and U.S. effort to connect the Pacific and Indian Oceans could be an alternative to China’s Belt and Road Initiative and enhance the bargaining power of small countries vis-a-vis Beijing.
To counter the rise of isolationist, unilateral, and authoritarian forces, India and the Europe must strengthen their relationship beyond mere economic and transactional arrangements.
