Ian Bremmer, president of the Eurasia Group, the leading political risk research and consulting firm, said the US is no longer prepared to be the "cheerleader for global values" and the year 2017 would be remembered as the one when the "idea of US-led global environment is no longer with us."
"2017 is the year that we close the chapter on a US-led global order that we've basically lived with since 1945," he said, but made clear that the United States is unlikely to be replaced by any other country in the immediate future.
"(Prime Minister Narendra) Modi and India, a great place to go to have this conversation. But will the Indians be the global leaders?
"India has about 1.3 billion people and New Zealand has four million. Those two countries have the same number of diplomats," Bremmer said.
"Nobody asks New Zealand to get anything done. Right? But India, because they've got 1.3 billion people, we're, like, 'India can be a part of the solution'.
On China, he said that the country's aggressive rise has led to several countries moving towards the United States.
"Some countries in Asia will become more US oriented because China will be seen as more competitive. I certainly see this as emerging in a big way under Modi's India," he said.
"I see this in a big way with Shinzo Abe in Japan under siege, but wanting to ensure he changes his constitution and gets more of a security focus before he leaves," he said.
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