Stabilization in balance of power and creation of multipolarity by middle powers shape the characteristics of emerging global order. Elaborate (200 Words)
Refer - The Hindu
Enrich the answer from other sources, if the question demands.
IAS Parliament 4 years
KEY POINTS
· The “Indo-Pacific” as an area of strategic significance for the U.S. and the associated alignment that gives shape and substance to this geopolitical concept the Quadrilateral Security Dialogue, or Quad for short.
· It is clear that the U.S. continues to view China as its principal adversary on the world stage.
· U.S. animosity has encouraged China and Russia to solidify their relations, the two countries have agreed to harmonise their visions under the Eurasian Economic Union.
· The final shape of this divide will be determined by four nations, namely Japan, Iran, Turkey and India, which, as “middle powers”, have the capacity to project power regionally, build alliances.
· Uncertainty exists because the four nations are not yet prepared to join immutable alliances.
· Japan has an ongoing territorial dispute with China relating to the Senkaku islands in the East China Sea. But there is more to Sino-Japanese relations: in 2019, 24% of Japanese imports came from China.
· $200 billion ‘Partnership for Quality Infrastructure’ that funds infrastructure projects in Asia and Africa, though Japan is also willing to work on BRI projects on a selective basis.
· India’s ties with China, threats from China at the border and intrusions in its South Asian neighbourhood and the Indian Ocean became sharper, it moved closer to the U.S.
