ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846

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The Pandemic and Economic Fallout in South Asia

Coherent national strategies, backed by regional cooperation efforts, offer a way forward for economic recovery in South Asia, which is rapidly becoming the next COVID-19 global hotspot. Challenges and policies relating to macroeconomics, health, economic sectors, stimulus measures, and reforms, which are all crucial for the region’s recovery are discussed. */

China-bashing and Post-COVID-19 Narrative

The disruption of supply chains caused by COVID-19 has led to predictions that international firms will relocate production away from China, benefiting other emerging economies, including India. However, China’s integration with the global economy in terms of international finance, investment, construction and as a low-cost location for global production is now so deep that such changes will neither be quick nor painless. In fact, China’s innovations might allow it to even reinforce its position in the global economy.

Covid-19 and US–China Tussle

In the wake of the COVID-19 outbreak, the Sino–American relations have hit a new low. Both the countries are engaged in a propaganda war against each other, which the United States seems to be winning. The US suffers from Sinophobia and has cultivated hate against Asian Americans, which is reminiscent of the anti-China sentiment that was prevalent in American cities in the late 19th century. The pandemic experience is likely to make the US more insular and reluctant to embrace foreigners
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