Intentar ORO - Gratis
Changing the rules of the game
Hindustan Times Ranchi
|March 09, 2025
Made in China. Five years ago, the innocuous tag attached to so many of our purchases, from toys and electronics to clothes and the idols one might worship, acquired an entirely new meaning.
Made in China. Five years ago, the innocuous tag attached to so many of our purchases, from toys and electronics to clothes and the idols one might worship, acquired an entirely new meaning. And no, this wasn't about how the virus originated in China.
It was about how living through the pandemic, surviving it and overcoming it, required a high degree of Chinese commitment to abide by the rules of the game. It required China to be generous. At the very least, it required China to not leverage its centrality to the production of everything the world needed in that dark period (from pharmaceutical ingredients to masks, personal protective equipment and electronics), for political and strategic gain.
Guess what? China behaved as most nations might when armed with that power. It used the centrality it had acquired to hold global supply chains hostage. It used the moment of vulnerability to push territorial claims vis-a-vis its neighbours.
It used the moment to expand market access in the Global South. And to project itself, not fully accurately as it turned out, as the calm and competent power that could withstand the pandemic better than developed Western democracies.
All this would have repercussions, because in politics, all sides get a vote.
The 2016 US election had already reflected the growing angst in middle America over the loss of jobs to China. Donald Trump's win was driven as much by a yearning to bring manufacturing back to America as by factors such as cultural conservatism and racial resentments.
The US wasn't alone. As Made in China became ubiquitous around the world, populists and protectionists began to ring alarm bells. An inward economic turn was already visible across major economies before 2020.
What the pandemic did, particularly in the world's largest economy, was add to this constituency of populists and protectionists the entire apparatus of the American national security establishment.
Esta historia es de la edición March 09, 2025 de Hindustan Times Ranchi.
Suscríbete a Magzter GOLD para acceder a miles de historias premium seleccionadas y a más de 9000 revistas y periódicos.
¿Ya eres suscriptor? Iniciar sesión
MÁS HISTORIAS DE Hindustan Times Ranchi
Hindustan Times Ranchi
SC flags voters’ ‘stress’ in WB SIR; notice sent to EC
The Supreme Court on Monday expressed concern over the “stress and strain” faced by ordinary voters who have received notices under the special intensive revision (SIR) of electoral rolls in West Bengal, as it issued a slew of directions to the Election Commission of India (ECI) and reminded the poll body that a core objective of the exercise was to ensure that no eligible voter is left out.
1 mins
January 20, 2026
Hindustan Times Ranchi
Ali Abbas Zafar-Studio dispute: Matter being dealt with legally
In a fresh legal development, Jio Studios on Saturday issued a public notice flagging its contractual claim related to filmmaker Ali Abbas Zafar and his production house.
1 min
January 20, 2026
Hindustan Times Ranchi
In the gig economy, law and labour are at odds
On New Year's Eve, a planned strike by platform and gig workers across the country reopened an ongoing debate about the conditions of platform work in India.
3 mins
January 20, 2026
Hindustan Times Ranchi
Govinda finally addresses rumours of rift with wife Sunita Ahuja
Govinda has broken his silence amid ongoing rumours about trouble in his marriage with wife Sunita Ahuja, saying he didn't want his silence to make him look “weak” or feed the “problematic” image being built around him.
1 min
January 20, 2026
Hindustan Times Ranchi
India’s opportunity in cleantech manufacturing
India’s clean energy addition topped 45GW in 2025, with round-the-clock renewable energy tenders floated by parties that included the Indian Railways.
3 mins
January 20, 2026
Hindustan Times Ranchi
HINDUSTAN ZINC Q3 PROFIT JUMPS 46% TO ₹3,916 CR
Vedanta group firm Hindustan Zinc Ltd (HZL) on Monday reported a 46.2% rise in consolidated net profit to ₹3,916 crore for the quarter ended December 31, 2025, on the back of higher commodity prices, increased production, and a stronger dollar.
1 min
January 20, 2026
Hindustan Times Ranchi
The butterfly effect in global climate finance
Why Asia needs its own regional climate alliance as the US retreats
5 mins
January 20, 2026
Hindustan Times Ranchi
Trump links Greenland to Nobel; EU eyes reply
TRUMP’S TARIFFS THREAT ON NATIONS STOPPING HIM FROM TAKING OVER GREENLAND HAS PROMPTED EU TO WEIGH RETALIATION
1 min
January 20, 2026
Hindustan Times Ranchi
IMF HIKES INDIA'S GDP GROWTH PROJECTION TO 7.3% FOR FY26
NEW DELHI: India will continue to be the world’s fastest growing major economy with projected growth rates of 6.4% each in 2026-27 and 2027-28, the International Monetary Fund said in its latest World Economic Outlook (WEO) update which comes weeks before the presentation of the next Union Budget.
1 min
January 20, 2026
Hindustan Times Ranchi
{ J’KHAND } WIFE OF JUDICIAL MAGISTRATE CRITICAL, NO CLUE OF SHOOTERS YET
Police have constituted a special investigation team (SIT) to probe the Pathargama firing incident involving Vandana Sah, wife of Samastipur judicial magistrate Santosh Kumar Sah and a resident of Kahalgaon, as investigators are yet to make a breakthrough in the case, officials said on Monday.
1 min
January 20, 2026
Listen
Translate
Change font size

