The world’s second-largest economy is embroiled in a trade war. That could change the calculus for firms doing business there.
Long-term economic competition is at the mercy of even longer-term geopolitical competition.
Manila may be warming to Beijing, but not enough to solve China’s maritime access problems.
In or out of the treaty, the U.S. probably will have about the same capabilities and constraints in the region.
Both Beijing and New Delhi have been trying to curry favor with Colombo for years.