(PC:hindupost)
In a world rattled by trade wars and shifting alliances, a quiet but powerful convergence is taking shape across the vast corridors of Beijing, Moscow, and New Delhi. Despite ongoing tariff disputes and geopolitical tensions, India, China, and Russia are assembling a strategic triad that could redefine the global economic order.
A Multipolar World Emerges
What began as diplomatic overtures has evolved into a formidable economic alliance. Experts now refer to this triad as the “Dragon, Bear, and Tiger” coalition—a fusion of China’s manufacturing prowess, Russia’s energy dominance, and India’s booming service economy and untapped consumer base.
Together, these three nations command:
- $53.9 trillion in GDP (PPP)—nearly one-third of global output
- $5.09 trillion in exports, fueling innovation and industry across continents
- $4.7 trillion in foreign reserves, forming a robust economic safety net
- 3.1 billion citizens, representing 37.8% of the world’s population
Challenging Dollar Dominance
One of the most transformative aspects of this alliance is the push to reduce reliance on the US dollar. Bilateral trade settlements in national currencies—Rupee-Ruble, Yuan-Ruble, and Rupee-Yuan—are gaining traction, shielding these economies from Western sanctions and currency volatility. This shift is not just economic—it’s symbolic. It signals a move away from a unipolar, dollar-dominated system toward a multipolar financial landscape.
Strategic Infrastructure & Connectivity
The triad is also investing heavily in connectivity:
- Chennai–Vladivostok Maritime Corridor: Slashing trade time between India and Russia
- International North-South Transport Corridor (INSTC): Linking India to Europe via Iran and Central Asia
- Northern Sea Route (NSR): A new Arctic trade path bypassing traditional Western-controlled routes
Energy & Technology Synergy
Russia’s energy exports, including discounted crude oil and coal, are powering India’s industrial growth, while China’s tech investments are revitalizing India’s digital infrastructure. Joint ventures in nuclear energy, space exploration, and AI are also accelerating. India’s External Affairs Minister S. Jaishankar recently reaffirmed the strength of the India-Russia strategic partnership, emphasizing cooperation in defense, fintech, and multilateral platforms like BRICS and SCO.
Diplomacy Amid Disputes
While border tensions and trade deficits persist—especially between India and China—leaders are choosing pragmatism over rivalry. Modi’s upcoming visit to China for the SCO Summit marks a seismic diplomatic shift, his first in seven years. Russia, meanwhile, is actively reviving the dormant RIC (Russia-India-China) troika, aiming to institutionalize trilateral cooperation across trade, security, and development.
This strategic triad is more than a geopolitical maneuver—it’s a beacon of economic resilience and regional unity. In an era of fragmentation, India, China, and Russia are proving that ancient civilizations can forge modern partnerships to shape a fairer, more balanced global future.