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Launch of the Asia Power Index 2023

Lowy Institute

CHAPTER

The Power Index - India, Japan, Australia and Australia

India is a key part of US strategy and Australia has been developing its ties with India. Japan faces long term structural economic slowdown, which means that relatively speaking it's a less important source of foreign investment and trade for countries in Asia. This year in the Power Index, Japan's military capability, I think for the first time, did increase slightly.

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