With COVID19 becoming the worst pandemic the globalised world has ever seen the whole world is not only boycotting Chinese goods and supply chains. The US China trade war has been on ever since. The US imposed sanctions on Chinese made goods and has even boycotted some service The Peoples Republic of China has however not given any respite either to the world nor to its neighbours. PRC has started establishing bases all over the South China sea. It has also imposed its rule in Hong Kong which used to be a democratically run administration.
The effects of Cold war when the east and west were completely polarised is very much still alive in the minds of many Indians and South East Asian countries when you had to chose between a side and do business only with that country or that alliance.
Whether the polarisation of the east and the west will be affected by the efforts of the west to polarise China or not is yet to be seen, however it doesn't seem se as now every country is multi polarised. They have various interests in various countries than it was during the cold war period. The effects are not going to show up immediately but in the long run they definitely would.
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