SYDNEY: China is closing in on the US as the most powerful country influencing the Asia-Pacific, as America’s handling of the Covid-19 pandemic tarnishes its reputation, a study showed.
While America retained its place as the region’s top superpower, its 10-point lead on China two years ago has been halved, according to the Sydney-based Lowy Institute’s Asia Power Index for 2020, which ranks 26 nations and territories.
The US “lost prestige” due to its poor response to the pandemic, multiple trade disputes and President Donald Trump
’s moves to withdraw from multilateral deals and agencies, according to Herve Lemahieu, the study’s research chief and director of Lowy’s Asian Power and Diplomacy Program.
“The pandemic was a game changer,” he said in a phone interview. “It contributed to a double whammy of problems for the US because on the one hand, its poor handling of the Covid-19 crisis has resulted in a diminished reputation. And on the other hand, obviously it will take many more years to recover from the economic fallout of the pandemic.”
Who wields the most power in Asia
The US economy could take until 2024 to recover to pre-pandemic levels, the institute said. In contrast, China’s economy has rebounded from the virus and is the only large economy forecast to recover in 2020. This could give it an advantage against neighbors over the next decade.
China stayed firmly in second place for the third year running, despite seeing a “notable fall” in diplomatic clout after facing accusations of withholding information about the severity of the Wuhan outbreak. Lemahieu also cited wolf warrior diplomacy — more aggressive rhetoric and actions from Beijing’s envoys — contributing to that drop.
Courtesy – Times Of India