India, Gulf Gain Strategic Freedom as US-China Rivalry Deepens: Rishi Sunak
What Happened
Former UK Prime Minister Rishi Sunak said countries such as India and Gulf nations are increasingly able to pursue their own interests without having to align fully with either the United States or China. Speaking at the Bloomberg New Economy Forum 2026 in New Delhi, Sunak said the world is moving away from the multilateral, rules-based order that shaped the global economy, creating new geopolitical uncertainties. He described China as a peer competitor to the US across economic, military and technological spheres.
Key Takeaways
Sunak's remarks underscore the rise of a more multipolar world, where countries like India have greater room to pursue independent foreign and economic policies rather than choosing between Washington and Beijing.