SparX by Mukesh Bansal
World Trade War US vs China Explained | Neelkanth M | SparX by Mukesh Bansal
May 10, 2025
In this discussion, Neelkanth Mishra, economic advisor to the Government of India and Chief Economist at Axis Bank, sheds light on the shifting global power dynamics post-WWII. He critiques the waning influence of institutions like the UN and NATO while highlighting the rise of alliances such as BRICS and G20. The conversation unpacks the US-China tensions, Europe’s military development challenges, and the effects of conflicts in Ukraine and Gaza, emphasizing the need for new economic frameworks in international relations.
38:13
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Quick takeaways
- The decline of traditional global institutions like the UN is prompting a shift towards more adaptable multipolar engagement strategies, exemplified by emerging forums like the G20.
- The intense rivalry between the U.S. and China is reshaping global geopolitics as both countries pursue economic dominance and stronger regional alliances.
Deep dives
Economic Motivations Behind War
Wars are fundamentally driven by economic interests, as highlighted by historical examples from the First and Second World Wars. Decisions made during the aftermath of these conflicts were often hasty and poorly designed, leading to future instability. The current geopolitical climate, particularly in the context of the Russia-Ukraine war, exemplifies a decline in global interest and engagement in complex negotiations. As economic pressures increase, the sustenance of military engagements becomes a pivotal factor influencing outcomes and alignments.
