Versuchen GOLD - Frei
A Complex World Order
Financial Express Kochi
|January 11, 2025
CAN INDIA ADVANCE ITS INTERESTS AS TRUMP TRIES TO MAGA IN A CHANGING WORLD?
Multiple wars, conflicting national interests, economic competition with a rising China, the wish of some countries for multi-polarity and beneficial ties with the US under President-elect Donald Trump (who wants to Make America Great Again) will dominate world politics in 2025. The ongoing war in Ukraine, stemming from Russia's old ambitions, and unresolved enmities in Gaza, Red Sea, Lebanon, Iran, and Syria, have caused humanitarian catastrophes and threatened to break up the existing international order without offering a clue to creating a new one.
Additionally, the US-China rivalry persists, with China challenging the US' global primacy. China's rise since 2008 has resulted in a rebalancing of economic, military, and strategic power, but America's superpower remains intact.
Multipolarity—to which China and emerging economies subscribe—cannot replace the US' post-1990s position as the sole superpower. Any rising power must contend with both globalization and "degobalization," supply chains, digital transformation, and artificial intelligence (AI).
China and India share common ground for advocating multipolarity, even as their border dispute remains unresolved. But for New Delhi, there is more to China's economic and military rise than the problem of it having a far higher gross domestic product (GDP) and GDP per capita.
In part, that is because China's advances in the areas of science and high technology threaten not only other Asian countries but also the prosperous countries of the European Union (EU). Those advances enhance the phenomenon of "China power."
Diese Geschichte stammt aus der January 11, 2025-Ausgabe von Financial Express Kochi.
Abonnieren Sie Magzter GOLD, um auf Tausende kuratierter Premium-Geschichten und über 9.000 Zeitschriften und Zeitungen zuzugreifen.
Sie sind bereits Abonnent? Anmelden
WEITERE GESCHICHTEN VON Financial Express Kochi
Financial Express Kochi
Venugopal appointed Reliance Retail CEO, president
RELIANCE RETAIL VENTURES, the holding entity of the country’s leading retailer Reliance Retail, has appointed former Flipkart executive Jeyandran Venugopal as its president & CEO.
1 min
December 04, 2025
Financial Express Kochi
FM: States to benefit from tobacco excise duty hike
© Proceeds to be part of the divisible pool
2 mins
December 04, 2025
Financial Express Kochi
Top Indian artists' works fetch ₹310 cr in a year: Report
AMOUNTS FETCHED BY the sale of theworkby top-50 Indian artists alive rose by a moderate 3% to ₹310 crore in the year, a report said on Wednesday.
1 min
December 04, 2025
Financial Express Kochi
Sanchar Saathi pre-installation order revoked
Govt says spike in downloads hints at app gaining traction
1 min
December 04, 2025
Financial Express Kochi
IIT K sets Day 1 placement record with 672 job offers
THE INDIAN INSTITUTE of Technology Kanpur (IIT K) kicked off its 2025-26 campus placement season with 672 job offers on the first day, a 16% increase over last year.
1 min
December 04, 2025
Financial Express Kochi
Rupee risks steeper fall on tariff woes, weak FDI
Slide in exchange rate underscores divergence in India’s macro data
2 mins
December 04, 2025
Financial Express Kochi
Silver hits record high
SILVER TRADED NEAR a record high as traders bet on further monetary easing by the Federal Reserve and supply tightness. Gold slipped.
1 min
December 04, 2025
Financial Express Kochi
Meesho’s ₹5,421-cr IPO booked 2.35x on Day 1
THE INITIAL PUBLIC offering (IPO) of SoftBank-backed e-commerce firm Meesho received 2.35 times subscription on the first day of share sale on Wednesday, helped by across the board investors’ participation.The three-day IPO got bids for 65,40,18,165 shares against 27,79,38,446 shares on offer, as per NSE data.
1 min
December 04, 2025
Financial Express Kochi
Rupee cracks below 90 to the dollar
HOWEVER, UDAY KOTAK, Founder & Director of Kotak Mahindra Bank, urged Indian businesses to break out of their comfort zone, warning that foreign investors appear to be calling the shots in current market dynamics.
2 mins
December 04, 2025
Financial Express Kochi
The ‘bot coolie’ trap
IT FIRMS MUSTAVOID REPLICATING THE LOW-COST IT SERVICES MODELIN THE AI SPACE
3 mins
December 04, 2025
Listen
Translate
Change font size
