China
Geo-Political Risks: Indo-Pacific Arena Heats Up
Macroeconomics155 Views, 12 Jan 2022 04:37
EXECUTIVE SUMMARY
- The US and Japan are further strengthening their defence ties as they face up to China’s challenge: they will step up collaboration on military technology.
- China’s BRI projects may be turning out to be costlier than it had expected, particularly in Sri Lanka and Pakistan.
- China is likely to recalibrate strategy to deal with these challenges. It needs to dial down its assertiveness towards other Asian countries and will revise its BRI.