Multilateralism in the new cold war
4 years, 7 months ago

Multilateralism in the new cold war

The Hindu  

In the new cold war, defined by technology and trade not territory, non-alignment is an uncertain option; India should craft a global triumvirate. China’s Global Times characterised the exchanges as “two different visions”; The Washington Post carried the headline, “The post-American world is now on full display” and The Wall Street Journal argued, “India Is a Natural U.S. After World War II, the newly independent states were not consulted when the U.S. imposed global institutions fostering trade, capital and technology dependence, ignoring socio-economic development. The U.S. faces an uphill task in seeking to lead a new multidimensional institution as China’s re-emergence is based on technology, innovation and trade balancing U.S. military superiority at a time of declining global trust in free-market liberalism, central to western civilisation. The U.S. wants a security partnership to contain China and the Association of Southeast Asian Nations trade bloc — with the U.S. walking out of the negotiations — is keen India joins to balance China.

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