India Challenges China's Hegemony at WTO and Debt Diplomacy

• India stands firm against China's strategic manipulation of the WTO, opposing the Investment Facilitation for Development (IFD) Agreement.
• Commerce and Industry Minister Piyush Goyal articulated India's stance at MC14, emphasizing the need for comprehensive WTO reform and safeguarding foundational principles.
• India leads global anti-dumping efforts against China, initiating 298 probes (1995-2023) to counter predatory practices and protect domestic industries.
• China's Belt and Road Initiative (BRI) creates debt dependencies, exemplified by Sri Lanka's Hambantota Port and Pakistan's CPEC, granting China strategic leverage.
• India's principled stand defends the WTO as a forum of equals, protecting smaller economies from asymmetrical partnerships and debt-fueled coercion.