Big Economic Turnaround
There’s a reason why America is wary of China’s actions; China hopes to become the next superpower in the coming few years, with an economy that could easily rival that of the U.S. This has led to the American government scrambling to take up any investment project that could potentially give it an edge over the formidable Chinese economy. However, it seems to have lost out on another front in the form of the agreement between the Maldives and China.
For a country whose main source of revenue happens to be its tourism industry, the Maldivian government has cut itself a rather fair deal. This will enable the country to benefit in the form of additional revenues as well as access to other countries via the Maritime Silk Road (MSR) as highlighted in the article, ‘Waiting for a Tsunami’. Although this move can lead to both the Maldives and China stepping on a few toes, I believe it is the right move as it will benefit both countries.