Decoupling and Diversification: China, the Belt and Road, and the Supply Chain Resilience Initiative
June 2, 2021
Research Fellow, MP-IDSA, Dr. Jagannath Panda’s article “Decoupling and Diversification: China, the Belt and Road, and the Supply Chain Resilience Initiative” has been published at the Asia Global Online, Asia global Institute, University of Hong Kong.
The article argues that the SCRI could dramatically reduce the political and strategic reach of the BRI by countering or at least limiting some of the political clout that China has been gaining through its signature foreign economic policy tool. For the SCRI to succeed in such a goal, it must be enhanced in a constructive manner and executed in close collaboration with third countries. The US, ASEAN members and even some Middle East states, among others would be vital to any discussion of supply-chain reconfiguration. If the SCRI develops with a long-term vision, not as a reactionary plan, it could evolve into a strong, vital institutional framework in the Indo-Pacific.
