A Multifaceted Crisis State

Couverture Asie du Sud-Est 2021Éric MOTTET

In 2020, the Covid-19 crisis dominated national headlines by triggering a major socio-economic and rural crisis in a country that for two decades had been enjoying a relatively straight-line trajectory. It is therefore a brutal stop for the government, a few months away from the Party Congress that will determine the next five years’ political-socio-economic orientations. Due to the Covid-19 socio-economic crisis and for lack of an alternative development model, the country finds it increasingly difficult to meet its external public debt obligations. Finally, given its geo-economic fragility, the country may be heading towards a catastrophic scenario with the aggravation of the crisis on health, economic and geopolitical levels.

Keywords: Covid-19, Economic crisis, Rural crisis, China, Geopolitical influence game.