Déracinement of Foreign Alliances plus some military
alliances is on the rise across Asia and Eurasia, evident recently with the
realignment of India and Japan toward Russia economically, India toward Russia
economically and militarily, in turn requiring realignment of China and Taiwan:
the latter toward United States, China away there from, quietly, sometimes
clandestinely. This poses consequences for the BRIC nations, three of which are
Asian: Chinese imports from Japan, India's security from Pakistan, Eurasian and
Trans-Pacific trade patterns. Also, it will require China to hasten its
expansion across Pakistan (or Myanmar) in search of a West coast, and China's
entry into Central and Eastern Europe for tariff reduction aims. Already, this
déracinement has motivated China to improve its relations with some ASEAN
nations before COVID-19, resulting in trade creation, investment creation,
trade diversion, investment diversion, across Asia and beyond. Some Threats,
many Opportunities, seem to emerge. Foremost amongst them is the lurking
question whether Mainland China will become a “party” or a “signatory” to the
Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP),
also known as TPP-11 or TPP 11,1 successor to the Trans-Pacific Partnership
(TPP) from which the United States withdrew in 2017. Against the backdrop of
the COVID-19 crisis that China delayed reporting, many neighbouring Asian
nations and Western countries are reassessing trade with China in the near
term. The best options will be for China and other Asian nations to focus on
new technologies, new industries they will introduce: three-dimensional (“3D”)
printing as an example. Instead, China seems bent on creating new investment
partnerships, largely in Eurasia as part of its “Belt and Road Initiative” or
“BRI”, facially in order to deliver goods to Europe efficiently, really to
dilute regional influence of the Russian Federation, India and Turkey
generally, especially in Europe plus in former Soviet Union provinces to
Russia’s detriment.2
Author(s) Details
Dr. David
A. Jones Author(s) Details
Foreign Policy and International Management University of Warsaw, Poland.
View Book :- http://bp.bookpi.org/index.php/bpi/catalog/book/204
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