PAHALGAM AFTERMATH: NEED TO JUGGLE ECONOMIC INTERESTS AND STRATEGIC CALCULUS
NEW DELHI HAS STRONG CASE TO USE GLOBAL INTERDEPENDENCE AS SHACKLES
2025-04-30 11:58
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Trump’s aggressive tariff war with China – built on a throwback protectionist logic more suited to the 1800s than today’s intertwined economy – has driven Chinese firms to redeploy their strategies. Major Chinese exporters, now facing punitive U.S. tariffs as high as 145 percent, are desperately seeking other markets and partners. Chinese companies are said to be “amenable to conditions requiring stake dilution in favour of Indian entities” – in other words, they’re finally willing to sell meaningful slices of their businesses to Indian partners in order to enter India’s fast growing market.