The Beneficiaries of Conflict: How India and China Leveraged the Russia-Ukraine and Gaza-Israel Wars
This research paper delves into the geopolitical and economic repercussions of the Russia-Ukraine war and the Gaza-Israel conflict, emphasizing how India and China emerged as significant beneficiaries. By analyzing comprehensive data, the paper examines how these nations capitalized on the situations by selling weapons, purchasing discounted oil and gas in local currencies, and strengthening their economic and political positions. In contrast, European companies faced substantial losses, with China acquiring their shares, while the US and Europe encountered severe criticism on human rights issues.