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CHINA (Lent Loan nature - China's aquisition plan (The use of major…
CHINA
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Actions in response by Japan, South Korea, Taiwan, Australia
They are unveiling the strategies to
diversify their economic interdependence away from Mainland China
and towards South-east Asia and India
The concern in these counties is, China
is using its economic muscle for political purpose
An example is, suspending rare Earth
metal exports to Japan in 2010 or
Japan's Free and Open lndo-Pacific
strategy is meant to diversify investments to more promising
markets in Southeast Asia, India and Africa
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Australian Govt. commissioned
ambitious India Economic Strategy with the goal of making India, its third-largest
investment destination and export destination by 2035
Way forward for India
The stars are aligning in Asia
for the acceleration of India 's economic growth and
now it is up to India to grab this opportunity