China’s stock market crash is not the beginning of a global economic downturn, or the start of a Chinese recession. But it is a reminder of just how fragile China remains, and how far it still is from the status of a global power.
Officials from the US and China put on brave faces at the recently concluded US-China Strategic and Economic Dialogue. Tensions in the maritime and cyber realms, however, are threatening to send the relationship into a downward spiral.
One of the most troubling, but fundamental, questions confronting India is its relationship with China. While India wants a mutually beneficial and cooperative relationship that is conflict-free and cordial, does China want a similar relationship with India?
The UN Security Council is certain to impose sanctions on North Korea. But, since these are likely to involve – at least initially – just cutting off trade and diplomatic contacts, no significant impact is expected.