Wednesday, November 11, 2026 05:37 PM

MCC and the Quagmire

By Nirmal P Acharya

The comments and interpretations of the Xi-Biden meeting are numerous. What I observed from the Xi-Biden meeting is that China does not recognize the hegemony of the United States and raises the banner of opposing hegemony.

Some analysts say that after this meeting, the Sino-U.S. game entered the second half and became more intense. In the first half of the game, China and the United States have gone through trade wars, biological wars, scientific and technological wars, and have entered the stage of financial war. The cognitive war and military war, as the background, will run through the whole game.

It is not easy for Nepal to completely stay out of the great game of the century between China and the United States and accept or oppose hegemony because Nepal is China’s neighbor.

For example, Nepal faces the following options: Join the US Indo-Pacific Strategic Framework or join China’s Belt and Road Initiative! American capitalism or socialism? Follow the US to safeguard its unipolar hegemony, or support China in building a community with a shared future for mankind?

Judging from the situation of MCC finally landing in Nepal, the tendency to follow the United States is still mainstream.

If you ask the United States to come all the way to Nepal, what is the purpose? The answer is actually very clear: either to lay out and engage in China or to do pure charity. The basic agenda of the United States today is to print money aggressively and then threaten and lure other countries to keep buying its US debt to maintain its operation, and it is really too much to expect the United States to do charity. The only logical explanation is that the US is coming to Nepal to fight against China. In fact, US officials are not hiding this, publicly declaring that the MCC is part of the Indo-Pacific strategy.

Nepal’s political elite should be well aware of this. The reason why they insist on accepting the MCC and strive to implement it is simply because they cannot get rid of the fear of hegemony, the superstition of hegemony, and the persistence of self-interest.

Now the MCC has landed in Nepal. If the US wants to use the MCC as a platform to play geopolitical games, Nepal cannot control it.

Now the United States is mired in the Russian-Ukrainian war and the Israeli-Palestinian conflict. For the United States to struggle out of this quagmire, it must magnify its actions, which can easily create more quagmires. My only hope is that the US does not use the MCC to drag Nepal into a quagmire.

The views expressed in this article are the author’s own and do not necessarily reflect People’s Review’s editorial stance.

 

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