India booms, China cools: What does it mean for the rest of the world? | To the point

Описание: Never before has a Chinese head of state canceled a G-20 meeting - THE forum for the most important industrialized and emerging countries. Xi Jinping is now sending his Premier Li to New Delhi - this will most likely be seen as an affront by host Modi. Yet Xi and Modi certainly pursue common interests - against Western dominance. On the other hand, they are arch-rivals with leadership aspirations for the global South. In addition, China's economy is weakening, while India is catching up enormously. So we ask: "India booms, China cools: What does it mean for the rest of the world?"

Our guests:
Vendeline von Bredow (The Economist )
Felix Lee (China.Table)
Isha Bhatia (DW)


Chapters
00:00 Intro
02:00 For China, the G-20 is not the most important format anymore
02:30 Xi’s absence from the G-20 is an affront for Biden, not for Modi
04:30 Is Putin’s and Xi’s absence at the G-20 a chance for Modi and India?
06:20 The current state of Indo-Chinese relations
08:05 Is the balance of power shifting from China to India?
09:30 China’s economic problems are here to stay
10:20 The West is talking about decoupling, China is doing it
11:15 India is not yet seen as a main competitor to China
12:00 India sees itself as a rising superpower
14:15 China does take the rivalry with India seriously
15:10 Double standards in the West towards India and China?
16:20 Do the Chinese people have to “eat bitterness”?
19:00 Xi’s priority is not the economy anymore – it’s foreign policy
20:15 China is still powerful and has a lot of influence over other countries
22:00 Is India a good alternative to China as a trading partner?
23:00 A shift of trade relations will be extremely hard – especially for Germany
24:00 There are still big German investments in China
24:30 The West should be alarmed: the BRICS summit was a turning point
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