Monday, May 20, 2024
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US-led initiative to build trade corridor could deepen rivalry with China

NEW DELHI – Beyond the consensus building at the Group of 20 (G-20) leaders’ summit, where China’s participation remained crucial, a United States-led initiative to build a rail and shipping corridor from India to the Middle East and Europe could further deepen great power rivalries, said analysts.

The trade corridor is being viewed as a response to China’s Belt and Road Initiative (BRI), which is in its 10th year.

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