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Is Trump the US president who loses Asia to China?
China is selling countries the technology that allows them to stop caring about what the US does.
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From solar panels to electric vehicles, China’s goods are turning out to be sources of resilience rather than disruption amid an energy crisis.
PHOTO: REUTERS
Mihir Sharma
For at least a decade, developing countries across Asia and Africa have worried about growing dependent on China. They’re concerned about debt traps, coercive policies, and hidden costs that might push their economies towards crisis.
Crisis has come, and that logic has been turned on its head. After six weeks of the US and Israel’s war with Iran and its ensuing counter-attacks, it is the countries that bet on Chinese supply chains that are faring better than the ones that trusted Pax Americana.
