
There are several global developments jostling for the world’s attention right now—the upcoming inauguration of U.S. President-elect Joe Biden, Britain’s exit from the European Union, a worrying hack of U.S. government systems, and the race to administer coronavirus vaccines across the planet. Amid these major news stories, the 8-month-old military standoff in the Himalayas between Asia’s two biggest countries, China and India, has fallen off the radar of global concern. While pundits agree that Asia is the site of an ongoing shift in the global power balance, what gets little attention is how New Delhi’s reworking of military priorities—forced by events on the disputed Sino-Indian border—will have far-reaching geopolitical consequences for the world.
The past year’s skirmishes between India and China are often described by commentators as a stalemate. While this may be literally true, two factors should alter that perception. First, China has far deeper pockets, especially after a year in which it has bounced back from the coronavirus pandemic while India has fallen into a recession. And second, Beijing has forced New Delhi to focus on securing its land borders at the cost of its strategic military transformation, handing China a clear long-term advantage.