Economic Rivalries in Asia: A Case Study of India and China

Abstract

This research pertains to the economic competition between China and India and looks into the effect of this competition on regional stability, economic corridors, and multilateral cooperation. The objectives of this study include an investigation of the historical and current factors that have sustained the competition and appraisal of how this rivalry creates an impact on regional economic corridors. Also, the study's objectives include assessment of the effect of this rivalry for multilateral cooperation in Asia. The condition of territorial disputes and strategic competition between the two countries explains the ongoing rivalry, while the methodology is qualitative regarding geopolitical and economic and infrastructure resources. The findings reveal that the current rivalry is very much fragmented with regard to regional cooperation because it allows a steady integration of processes and ultimate stability. Therefore, the study recommends enhancing these bilateral dialogues and increasing multilateral cooperation, including transparent infrastructure developments.