Can China and India end western dominance? | DW Business 

As an Indian i think we need both West and the East, I like both sunset and sunrise, I am a sunflower.

Correction: CIPS is quite small compared to UPI in terms of volume. Today 4% of global Internet payment transactions are conducted via UPI. UPI has recently been adopted in Singapore, Thailand, UAE, and 10 other countries. It's interesting to explore CIPS vs. UPI vs. SWIFT (Basically China vs. India vs. West) SWIFT is slower and more expensive for transactions. On the other hand, UPI is faster and less expensive than CIPS and SWIFT. At the end of the day, BRICS+ should adopt a cross-border payment system that offers lower cost of transactions, higher speed, more reliable infrastructure, and data security. UPI wins over SWIFT and CIPS.

India and AU (African Union) think it will be fair that they are invited to be part of the Security Council

Its really surprising how the people from the west and global north have problem with developing countries uniting together to improve their economic status. Economic agreements are necessary to uplift the global south out of poverty

As a Indian i know our country mindset we believe in universal Brotherhood and by seeing the current generation kids i can say 100% India have the bright future in this planet .

West has already pushed Russia in China camp. Dont loose India too

India stands for multipolar world🌎 so not east west north south entire world is one and has many centres

We don’t want to end western dominance, we just don’t want to be dominated

The whole world is family no rivalry just peace and love from INDIA to the world 🌎

Can't imagine a cooperation between India-China and Iran-Saudi Arabia (future BRICS members). They are even more rivals between each other than "West" and "East"

Removing western dominance is not anti-west. The world deserves their due place in the global governance.

China and India had a share of 25%-25% of global trade from 1 to 1800 AD. Western dominance is new in the world. You have the advantage of the scientific revolution. We will definitely bridge that gap. It will take time but by the end of the century, definitely.

India follows the concept of vasudhaiva kutumbakam which means The world is One Family. As an Indian I know my country very well.

India is sitting both in Brics and quad so it's actions clearly suggest that they want multipolar world...India perhaps is solution to this complex world order.

21:30 very happy to see she understanding India Europe's eyes are opening 🙄 Very early to say Or she is expert of Asia Pacific 🧐watching Indian media 😎

Elisha is on point to say that India is the only one standing for multi polar world, we’ll never let china dominate Asia or the world for that matter, no matter how much we trash USA, at the end of the day; it’s a democracy and best bet for leading the world; if not USA then only multipolar world is what we’ll accept

The US is 50 countries masquerading as one, the don't agree on literally anything and yet we don't doubt their ability to get things done. The EU, a group of countries masquerading as one, don't agree on a lot of things and yet we don't doubt their ability to get things done.

Great analysis by the lady! 👍🏽

Europeans and Americans be like crazy when anyone says they had enough of centuries of them telling others what to do and how to do with and with what money to pay

Very informative. Thank you.

Doesn't know about Others But a wise Indian diplomat say We need Both west as well as East.

It is not just China and India, the whole global south wants a multipolar world. 😅

India will work with BRICS and it is called Global South needs to be prosperous.

Either India or China alone has more people than the entire West! Your days are numbered. The world can now be divided neatly into two camps: a US-dominated Western camp who DO NOT believe in sovereignty, who thinks they have the right to meddle in the internal affairs of all other states, and decide what values, political systems and economic systems other nations are allowed to practice. On the other side stand the 7 billion people of the rest of the world who DO believe in sovereignty as the cornerstone of international relations. These 7 billion people accept that we are diverse civilisations, with diverse values, religions, methods of governance, and that no country has any right to impose anything on anyone else. In this global struggle, we will win and you will lose! There are more of us than there are of you. There may indeed be disagreement between India and China, just as there are disagreement between any two countries. But where India and China both stand in lock step is the non-negotiability of sovereignty and multipolarity. Neither India nor China will EVER allow the West to tell them how they should be governed, what their foreign policy posture should be, who they should trade with, who they should be in alliance with. Western intervenionism is just late-stage Western IMPERIALISM, where the West still hasn't yet accepted that you no longer have any say in the internal affairs of the rest of the world. Western "dominance" is going to end (assuming that it hasn't already ended). Multipolarity, and the return of NATIONAL SOVEREIGNTY and NON-INTERFERENCE (rather than Western interventionism) as the cornerstone of international relations is NON-NEGOTIABLE.

The western media is now running out of arguments😂

As a indian person, I have a sense of respect for Chinese and other east Asian people. I wish a better synergy and trust in entire of Asia.

India doesn't want to end western dominance. India wants to create its own dominance.😎

Excellent analysis by Alicia , mainly because hardly we have rational discussion in DW , and this was a pleasant surprise ..

No country has a God-given right to be at the top of anything. However, if you think carefully about the monetary stability and fiscal history of some of these countries then you suddenly think that the dollar is VERY SAFE.

wonderful discussion :)

Even if India become world leader one day, you will never see another China or USA. India is based out of love and care to the world, to too the needed ones.. Like we support African nations to come to the front.. There are no wars and captures, but seeing them equals in terms of humanity.. Modi is greatest leader of our times❤❤❤

Countries now are smart enough to know about China 🇨🇳. It can't fool others anymore.

Iran, Saudi Arabia, UAE and Egypt are all close friends and they get along really well. Ethiopia and Argentina are politically cohesive and such strong economies. [sarcasm]

India wants multipolar world which is good for entire world.

It is a shame that O'Neill's contribution was so brief. The rest of the video has hardly taken a look at what the members of BRICS might have in common or at what they might be able to achieve as a group on a practical level.

why disabled automatic subtitles?

again, the main thing in discussion is not a common currency for all these countries. it is about using their own currencies to trade between each other. why should they use American dollars for trade?

Common Indians , you guys not need to spam everywhere how good you are. Gaining sympathy is nice but also strengthen yourself so you need not to depend on US , EU or China. Be like king Ashoka to have longer reign than being crushed by external politics. US , EU are equally racist and won't let India take Multipolar order.

Surprisingly no one talks of the EAC ...DRC,Rwanda, Burundi, Kenya,Tanzania, Uganda ,South Sudan and soon Somalia...these countries are rapidly integrating and have similar ethnicities and shared cultures....

Great interview!

What about the G7!?? Where the USA is the one who benefits the most!! Is that good? So then why if China is the biggest player in the BRICS is a bad thing?? Can somebody please explain?! Thank you

The best thing about BRICS is it's ability to keep you guessing. Thinking that China and India will always be at loggerheads will be your downfall. The world is moving on without the garden

Unlike India, The Chinese economy has completely collapsed. The bubble economy had already ended two years ago. And China will never have a boom again. China will suffer an unprecedented recession for at least 20 years.

*India* 🇮🇳 : We are in *QUAD* politically against China and in *BRICS* economically against West

We Indians are the future🇮🇳🙏

Good analysis by lisa love from 🇮🇳🇮🇳

Thanks Ms alicia. It was really wonderful listening to you

Very fascinating, she is very clear to understand.

What about Alicia saying Brazil is the only country that is in the Western Hemisphere? Almost all of Europe sit is in the Eastern hemisphere... We are not talking about geography here lady, it is about geopolitics

She has really good study of geopolitics commendable 🎉

In Brazil people do not see BRICS as rivalry to G7. President Lula is reflecting the vision of a country. It is a 15 years old institution and the only time we heard we were anti west was after Russia invaded Ukraine. Which does not make any sense because we cannot be against what we are. One does not need geopolitical reasons to not use the dollar. If the US did not make such a mess with it harming latin america or if our interest rate wasn’t so much higher or even if WTO hadn’t been working since forever we would not be so supportive of BRICS. But we see these issues as essential for our economical development. Is G7 anti global south or only when we come together we have to be anti something??

This reminds me of the Olympics granting the USA to include professional basketball players. The outcome will be something to look forward to

I'm brasilian and I think that's a UE and EUA problem, nations don't want to be dependent anymore, and rule by our own interests

Variety is good, in the end humanity wins.

I expected Putin to roll in using a telepresence robot for the BRICS summit.

Screenshots shout should work as far as notifications go 16:05

obviously as an european, she and DW are worried. she put a high hope for brics failure by keep highlighting the issue betw china and india. she will be disappointed. those issue is not do or die, most important is economy. how to derisk from US dollar.

India supported and still supports non-alignment movement, the non-alignment can be best materialized by multi-polar world, and that will create not only harmony among countries around the world but also balance of power which will eradicate the oppression of smaller nation by bigger and powerful countries, once this is done, the countries can trade with each other without feeling exploited. So in nutshell, India has not left the ideology that it has championed since its independence since 1947. Also, I think, no two countries are same and they need multiple groups to locate themselves keeping their identity, cultural, religious etc. understanding which may not addressed in a group with big powers which may have their own priority and may choice to ignore the above-mentioned concerns of the weaker country of the group.

Is Germany or US more important for the G7? Just wondering if the lady would talk about "balance" in the same way?

0:50 That outlook alert turned on my work mode. I hate being a corporate slave

Brics rival itself more than others

China can, and it's very much doing it. Meanwhile India would definitely reach to certain level where it could become a big economy, but largely it wouldn't show the power dominance and more likely to stay aloof.

Unity brings strength . More unitry bring more strength .

Alicia should be on more cable news. She is more informed than the so called EXPERTS. By the way India has UPI, it's own payment system.

India must be in a week of exuberance with Chandrayaan leading to BRICS.

India will focus on sny multi lateral ageeements which will serve the interests of the international community and ehich serves the national interests without creating obstacles for any Nation.

very inspiring

Most rational, fine observation. Both host and guest presented fine brick story👍

No. China needs to surpass the US in the next 5 years or it never will, there is no sign this will happen. Quite the opposite. India is becoming very strong, but my guess is that they will pivot westwards against China's imperialistic expansion

things r moving very fast , hopefully by 2025 we can start using GOLD as money , no more hard fiat currency BS

That lady is super intelligent. She understands the fundamentals well.

21:25 She forgot INDIA don’t need to beg for mercy from USA remember they Import from India. She need to do little more home work.

Can Brazil and India have a half-veto on the UN Security Council? :-D If both are vetoed, then it will be in effect. 😀

Yes, we want a multipolar 🌎.

China probably can, but not India, because India is still following America in many international affairs.

It's certainly an odd combination of nations that confirms the confusion of its objectives. China's overreach is her undoing as there's little acceptance in her geopolitical ambitions or trust.

India is 3 largest country... Most populist country but we are not in security Council... Is it not hypocrisy of west... We have not any option but to make a another world order❤❤❤

Great interview... she is well informed and well balanced. One observation is that India also has it own payment sysemt.

Yes they will meet their armies in Tibet mountains and show each other how much they love them self.

After the long loud noise, let us see some action.

What a joke. Tell me...which country would be responsible for their new currency and who would trust it?

BRICKS : authoritarianism destined to infighting ?

How? Both of them dont even get along due to border disputes and skirmishes.

Very pragmatic interpretation...

We need a multipolar world....

Somehow if india and china can sort out their differences and as russia has brotherly and friendly relations with both, things can get extremeleyyyyyy interesting 🤔

Energy -Rare Metal-Trade and Transport binds them together.

I believe a aggressive friend(Russia) rather than cunning friend (us)

Nobody intends to alter Western countries. Non-western countries have right to do things their way amongst themselves, it’s an alternative not dominance. The BRICS are at equal foot, whereas G7 is one boss and six servants (no one in G7 is at the same power position as US, only closer servant such as Japan in comparison to South Korea, UK to Germany). The only problem is West losing its reign on developing countries, much more difficult to exploit developing countries.

This is what I see. If BRICS is trying to grow each others economies like ASEAN, then hopefully it will work. If it's to give the middle finger to the west and for each country to support it's own interests, it will fail and if it is to create something other than an economic partnership, like trying to creating a military or political bloc, it will fail BADLY.

Agree completely with this lady, Alisha❤❤❤❤❤❤

Definitely

If western media's talks much about a topic it means they are afraid 😂

You guys in Europe are starting to get the message....The majority of the world is moving forward! You have committed enough attrocities and United Nations of the Global South has had enough......

They could try. Thats for sure.

Her opinions , views and thoughts are noted.

All the trouble in the world right now is a result of dominance and war plus crony capitalism and religious extremism. It's high time that leaders work towards renewable energy, peace, uplifting living standards of people and stop wasting public money on weapons. We have indeed not overcome the barbaric mindset, only change is that we make more and more destructive weapons with technology.

I highly recommend everyone listen to Peter Zeihan’s take on BRICS.

Argentina has lot of rare earth minerals like Lithium. Egypt has natural resources and swiz canal economic route goes through them. Plus these 2 countries will benefit from Brics bank. Now why Ethiopia was added, idk. 😅

Actually yes