mandag 2. november 2020

Can India Decouple From China?

Following the catastrophic clashes between Indian and Chinese troops at the Galwan Valley in Ladakh in June 2020, India has taken several steps to reduce its economic engagement with China. These efforts have included enhancing scrutiny on incoming Chinese investments in India and banning more than a hundred Chinese apps, such as the widely popular TikTok, as well as WeChat and PubG. Chinese companies have also been blocked from participating in road and highway construction projects in India, supplying equipment to Indian telecom service providers, and participating in 5G telecom trials.

In its wider responses to reducing strategic economic dependence on China, India is collaborating with Japan and Australia in promoting the resilient supply chain initiative (RSCI) for reshoring production away from China. It is also a part of a 5G club along with several major global democracies working on alternatives to Chinese 5G telecom technology.