As India hosts the G20 summit, many question the future of multilateralism. The US-China chip war has accelerated into a total technological dispute, impacting their economies. But the dispute is not merely confined to chip war, rather climate financing & infrastructure deals are also going to impact the overall state of affairs of both the countries. G20 continues to be a an extremely important forum, especially for global south, yet it’s importance might decline if US-China continue going down their decisive paths.
