Opportunities and Challenges of China’s Economic and Political Development under the Third Term of Xi Leadership: A Viewpoint of India

Wayne Tan, Jenn Jaw Soong

Research output: Contribution to journalArticlepeer-review

Abstract

China’s economic and political development under the third term of Xi Jinping’s leadership presents both opportunities and challenges, viewed by India’s Prime Minister Narendra Modi. While there are potential rooms for cooperation and diplomatic engagement between India and China, there are also significant disagreements related to border disputes, trade imbalances, and geopolitical tensions. Navigating these dynamics requires careful diplomacy, strategic arrangements, and a balance of interests among the leaders in both countries. However, the conflict between India and China is potentially and geopolitically inevitable because of several key factors inherent in the international system. Since both are rising powers, seeking to assert their influence and interests either regionally or globally; moreover, both states have strong nationalist sentiments that can be mobilized by ambitious leaders to justify assertive policies and provocative tongues, making it difficult to compromise on unresolved problems and easier to ignite a destructive blaze.

Original languageEnglish
Pages (from-to)35-48
Number of pages14
JournalChinese Economy
Volume58
Issue number1
DOIs
Publication statusPublished - 2025

All Science Journal Classification (ASJC) codes

  • General Economics,Econometrics and Finance

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