By Rong Wang, Cuiping Zhu
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Additional resources for Annual Report on the Development of the Indian Ocean Region (2015): 21st Century Maritime Silk Road
It is already a status quo that the neighboring countries are betting on both China and USA in their strategic choices. In the future, it will be very difﬁcult for China and USA to coordinate their interest in the issues of East China Sea and South China Sea. Although US has not clearly stated that it will contain China, it is still certain that the USA’s worries of China, and even the potential strategic containment as well as the US factor will continue to bring challenge to China’s relation with the neighboring countries.
The lack of risk assessment and countermeasures has led to the incapability of the corporations when faced with environmental barriers and social responsibility barriers. Esp. when the corporations are not aware of the 41 Li (2014). 1 The Construction Capability, Challenges … 25 culture, religion, institution and policy of the country they invest in or have asymmetric information, they are quite often boycotted or even deported with the initial investment turning into “sunk cost”. 3 Security Risk The pursuit of prosperity will inevitably be followed by the dilemma in security.
India is both the largest economy in South Asia, and the largest economy and maritime great power in Indian Ocean region. The rising India has always regarded the South Asian Sub-continent as the “precinct” of India, and the Indian Ocean as India’s ocean. Besides, for years India has always been engaging in its influence on Southeast Asia through the “Look East Policy”. Therefore China and India have very strong competitive relation in Southeast Asia. At the same time, in the future, in Central Asia, India will also likely become the key competitor of China.