Tag: downward

  • China’s global influence on downward drift as its lender role turns toxic

    China’s global influence on downward drift as its lender role turns toxic

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    United Nations: China’s influence at the world body — a barometer of its global clout — measured by a recent secret electoral vote has shown a downward drift even as it maintains an iron grip on power at the Security Council because of its veto powers.

    China went head-to-head against India in elections at the 53-member UN Economic and Social Council for the UN Statistical Commission India polled 46 votes, while China came in third with 19 votes, behind South Korea with 23.

    And in a second round of balloting for the second seat on the commission for the Asia Pacific region, China tied with South Korea with 25 votes each, and Seoul got the seat in a draw of lots.

    MS Education Academy

    It was a big change for China pushing its goal of global dominance.

    The difference between New Delhi and Beijing is stark in a changed situation where China’s largesse increasingly looks like a usurious power play while India is leading the efforts to restructure the crushing debts of the developing countries.

    Beijing poured hundreds of billions of dollars into its web of One Belt One Road initiative across the world and the bills are coming due to the recipients.

    As the president of the G20, India has positioned itself as the voice of the Global South, while avoiding strident anti-imperialist/anti-neocolonial rhetoric, and this has put India on the opposite side to China, which probably is the biggest direct lender, although other countries and multinational institutions are also in the ranks of lenders..

    At the G20 finance ministers meeting in February, India pushed proposals for the big lenders — especially China — to take a “haircut”, write off portions of loans, to give relief to the debtor nations as they struggle from the economic crisis from the Covid pandemic and the Russia-Ukraine war.

    At the International Monetary Fund-World Bank meetings in Washington this month, India again took centre stage as a co-chair with the heads of those organisations of the Global Sovereign Debt Restructuring Roundtable to find a solution to the debt crisis.

    As global polarisation accelerates, China is the leading force on one side of the divide and in a choice between India and China, especially if the ballot is secret, the preference appears to be to the sort of neutral country.

    To counter China’s attempts to get elected to international bodies, especially in leadership positions, the foreign ministers of the Quad, made up of India, the US, Japan and Australia, declared their commitment last month to “independent” candidates.

    After their meeting, they said in a joint statement: “We will support meritorious and independent candidates for elections in the UN and in international forums to maintain the integrity and impartiality of the international system.”

    While China’s grip may loosen in anonymous elections, in open voting it still can use its position as a lender to advantage as it did at the UN Human Rights Council last October when a proposal to discuss China’s alleged human rights abuses against Uyghurs and other Muslims in Xinjiang province was voted down.

    It has a steely hold on the most important body of the UN, the Security Council where it can wield its veto as a permanent member or like any member on its committees like the ones for terrorism sanctions.

    It has blocked several times attempts to designate Pakistan-based operatives behind attacks on India as global terrorists, which would place them under international sanctions.

    But it has had to relent in some cases under international pressure.

    Beijing agreed in January to designating Lashkar-e-Taiba (LeT) Deputy Chief Abdul Rehman Makki after having blocked it earlier.

    In 2019, China lifted its block on Masood Azhar of the Jaish-e-Mohammed (JeM).

    But it continues to block adding to the international terrorist list LeT leaders Sajid Mir and Shahid Mahmood, and JeM leader Abdul Rauf Azhar.

    In the long-range, Beijing can also block the expansion of the Security Council’s permanent membership, although it is already facing pressure from the African nations, a constituency it ha sought to cultivate.

    Organisationally, China uses the power of the purse for influence. It is the second largest contributor to the UN’s budget sending $438 million last year.

    It gets it a measure of deference from UN officials.

    The former UN High Commissioner for Human Rights Michelle Bachelet admitted that she had been under “tremendous pressure” over a report on China’s human rights violations against the Uyghurs.

    She published the report only on her last day in office after delaying its release for several years.

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    #Chinas #global #influence #downward #drift #lender #role #turns #toxic

    ( With inputs from www.siasat.com )

  • US needs to address India’s downward trend of democratic values: Senatorial report

    US needs to address India’s downward trend of democratic values: Senatorial report

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    Washington: As the US focuses on the Indo-Pacific, in particular the Quad, the Biden administration needs to address India’s ties with Russia and its “downward trend of democratic values and institutions”, said a report by the Democratic Party of the Senate Foreign Affairs Committee.

    The report has called for supporting a strong and democratic India.

    Senate Foreign Affairs Chairman Senator Robert Menendez Thursday said the US needs to approach the Indo-Pacific with a well-resourced, whole-of-government approach that synchronizes the military-security elements with diplomatic, economic, and civil society elements to ensure the greatest chance of success.

    The “Strategic Alignment: The Imperative of Resourcing the Indo-Pacific Strategy”, a Majority Staff Report, was released by Menendez on Thursday.

    “I believe that President Biden’s Indo-Pacific Strategy, released one year ago, adopts this whole-of-government approach. If fully equipped with the tools that it needs to be successful, this strategy will underpin the United States’ leadership in the most consequential and dynamic region of the world in the 21st century,” he said.

    The report said the Biden administration was correct not to make its Indo-Pacific strategy solely about competition with the People’s Republic of China. But to succeed, it has to grapple with the realities of this competition for the US and the challenges it poses for its regional allies and partners, it said.

    In its seventh and last recommendation, the Major Staff Report calls for supporting a strong and democratic India.

    “Even as the administration rightly treats India as an important security partner, it will need to address the very real complications of India’s continued ties with, and dependence on, Russia for defence equipment and its recent downward trend of democratic values and institution,” it said.

    According to the report, the United States and China vie for the position of India’s largest trading partner.

    India’s Ministry of Commerce and Industry reported in June 2022 that trade with the US exceeded that of China, an important marker in the increasingly close ties between Washington and New Delhi, the report noted

    “Indeed, the relationship between the world’s two largest democracies has been on an upward trajectory for more than two decades, overcoming Cold War antagonism and division over India’s nuclear programme and the country’s testing of a nuclear device in 1998,” it said.

    Security ties have deepened dramatically in recent years as both countries are increasingly concerned about the implications of a more assertive China, the report said.

    “The US and India are now major defence partners and the two countries have launched a new Initiative on Critical and Emerging Technologies to enhance cooperation on quantum computing, 5G and 6G networks, space, semiconductors, biotech, and artificial intelligence.”

    The report follows up on Chairman Menendez’s 2014 Democratic Staff report, which underscored the importance of increasing diplomatic and development resources in the region.

    It offers a comprehensive examination of US diplomatic and development agencies’ investment in the Indo-Pacific region since 2014. It also makes a series of recommendations to advance the administration’s capacity to meet the IPS’ objectives and to enhance US national and economic security.

    “In the nine years, two administrations, and numerous strategies since my last report, little progress has been made to advance US diplomacy and development efforts in the Indo-Pacific, all while the PRC continues to expand its influence through aggressive impositions on states’ sovereignty, localized disinformation campaigns, and predatory economic investments,” Menendez said.

    “If we are serious about advancing US interests in Asia and competing with the PRC (People’s Republic of China), we must match ambitious policy with ambitious resourcing,” he said.

    The report recommends that the Biden Administration must significantly increase funding for diplomatic and development agencies across the US government and dedicate a larger portion of the Department of State operating budget and Washinton’s foreign assistance to advance priorities in the Indo-Pacific.

    Congress should be made an active partner to ensure sufficient allocation of resources to the Indo-Pacific, to provide new authorities if and when needed, and to engage in effective oversight, it said.

    The Indo-Pacific Strategy must include a substantive and action-oriented economic agenda that is commensurate with US interests and responsive to our allies’ and partners’ calls for increased US economic engagement, it said.

    Seeking to deepen engagement with the United States’ network of allies and partners across the region, the report says that the US and its partners must strive to provide alternative financing and economic development projects to compete with China’s Belt and Road Initiative and the Digital Silk Road.

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    #address #Indias #downward #trend #democratic #values #Senatorial #report

    ( With inputs from www.siasat.com )