A shift is taking place in the business of global dominance and hegemony, from the model of expressing force through troop presence to financial sanctions. But China and Russia, in concert, may provide a way out of the sanctions regime.
The 2022 Beijing Winter Olympics came to a close on 20 February. It was marked by Covid restrictions, athlete dramas, and a united diplomatic boycott by Western democracies citing human rights concerns in Xinjiang, a boycott India later joined for Galwan-related issues. In contrast with the unity presented by China and Russia with summit meetings in the lead up to the Olympics, shifting alliances are now the norm.
The Quad Foreign Ministers' meeting held on February 11 is the latest example of growing geopolitical cooperation. Several loci of power have emerged, indicating the end of the post-Cold War western hegemony. China's rise and alliance with Russia hints at a bipolar tendency in this nascent global multipolarity. India must ensure power distribution in Asia by sharpening its diplomacy to achieve its own interest - true multipolarity in Asia.