India is keenly watching the unfolding dramatic events in East Asia as these not only have a bearing on its recent “Act East” policy, but also on regional stability issues. At stake are not merely half of Indian trade, major investments, markets, technology flows that transit through this region but also the subtle messages of power transition between China and Japan in the short and medium term.
China is celebrating the “V-J [Victory over Japan] Day” on September 3 with a massive Beijing military parade. It is also the first time that Beijing would be inviting armed forces from abroad to participate in a national event and also the first time President Xi Jinping will be organising such an event. The previous military parade was several years ago on the 60th national day in October 2009.
today the increasing contest between powers in the region – as reflected in the rising nationalism and right-wing sentiments, higher defence allocations, military modernization and outreach – have contributed to spirals of tension.
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