Parallel Perspective on Global Economic Order: China & America-Role of India in 21st Century

India’s position in the global economic order is one of a strategic balancer, often acting as a swing state in international affairs. Its foreign policy maintains a careful balance between engaging with China economically while strengthening military and strategic ties with the U.S. and other Western allies. As India’s economy grows, its voice in global institutions such as the World Trade Organization (WTO), International Monetary Fund (IMF), and United Nations (UN) will likely become louder, potentially reshaping the global economic rules. The global economic order in the 21st century has been significantly shaped by the dynamics between China and the United States, with India emerging as a crucial player