Recently published figures on global exports of countries are interesting. China, whose exports were less than India’s in 1948, is today the world’s largest exporter, with annual exports of $1.99 trillion. Even the US lags behind China, with annual exports of $1.46 trillion. India, with annual exports of $268.6 billion, ranks twentieth — behind Singapore and Taiwan.
Those who believe that India can match China’s regional influence, on its own, should remember these facts. India will have to be measured and realistic in seeking to balance Chinese power across the Indian Ocean. We are working with and advising littoral countries against becoming overly dependent on China.
Our effort is to balance Chinese power, in cooperation with partners like Japan, the US, European Union members Germany and France and like-minded Asian countries, like Indonesia and Vietnam. Read More