Saturday, 5 March 2016

What China’s rise means for India (Shivshankar Menon, Brookings)

Indian Prime Minister Narendra Modi (L) and Chinese President Xi Jinping shake hands before they hold a meeting in Xian, Shaanxi province, China, May 14, 2015. REUTERS/Kim Kyung-Hoon

China’s economic achievements in the last three decades of 10 percent-plus GDP growth have inspired awe around the world. We all know the consequences—the accumulation of hard power in all its forms, China as the world’s manufacturing workshop, the trillion dollar foreign exchange surpluses, the ability to determine commodity prices in world markets, the presence of China in most global value and production chains, and so on. The speed and scale of China’s transformation are astonishing. As a rising power, meanwhile, China is determined to have an independent say in the economic, political, and security order around her and in the world.

What does China’s rise mean for India?

http://www.brookings.edu/blogs/order-from-chaos/posts/2016/03/04-india-china-relations-menon

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