Publication Date: 14-02-2023
The last couple of years have forever changed the international system’s dynamics and have also altered domestic affairs in some countries. The Covid-19 pandemic’s effect on the world’s economy has impacted global trade and supply chains causing a significant increase in inflation and economic recessions. Also, the nearly 11-month-long Russian occupation of Ukraine has rekindled latent geopolitical tensions and aggravated energy prices. It has also tested the critical bilateral relationship between the world’s biggest economies, China and the United States. While China is currently struggling with a public health crisis echoing that of early 2020, the U.S. continues to pursue a tough and inflexible versus China policy in several areas including trade.
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