The Rise of China and the Indian response
Not only has China’s rise been phenomenal but it has been grossly underestimated in India. The Chinese now are the largest trading partners of chunks of the European Union, South Korea, Japan, Brazil, Chile, as well as Australia and New Zealand. China’s economic influence continue to grow as it buys up companies in Europe and Latin America while investing heavily in Africa. Then there is the Belt and Road Initiative (BRI) which the Chinese intend to inject $1 trillion into the Eurasian economy to build the needed infrastructure. Chinese scholars estimate that once the overall growth that will follow the development of BRI infrastructure is taking into consideration, it will be a $8 trillion project.
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