China’s annual Central Economic Work Conference (CEWC) at the end of December 2018 struck a pessimistic note and headlines several challenges in the days ahead for the Chinese economy.
Does India have it in itself to become an economic and political alternative to China?
For democracies to compete with the Chinese model, they will have to ensure both economic and social well-being and political accountability.
The current shake-up in the Sri Lankan system is unlikely to ruffle the Chinese too much. Across the board, no matter what their personal views on China, Sri Lanka’s politicians have learnt to do business with Beijing.
New Delhi should incentivize its border communities by believing in and building on their central role in history as entrepreneurs and diplomats.
General elections due next year in India are an opportunity for political parties to turn greater attention towards foreign policy issues and elevate the level of discussion on China in the popular domain.
A smart, forward-looking Indian leadership should not pass up the opportunity to increase economic linkages with Pakistan, and provide the latter an alternative to China.
Instead of half-baked attempts at military diplomacy, India should impart greater clarity of expression and purpose to its military relationship with China. Is China a ‘strategic partner’ or a ‘strategic competitor’? Or both?
When complaints are raised against BRI, Beijing is quick to publicly offer to renegotiate terms. India, meanwhile, is known in South Asia more for its big brotherly attitude and the lack of synergy and capacity to implement its promises.