C Raja Mohan writes: No, the US-led global order is not collapsing

News Snapshot:

Is the US-led global order collapsing? The military stalemate in Ukraine, the widening war in the Middle East, and the Chinese assertiveness in Asia would suggest that the US-led West is on the back foot around the world. The intensifying political polarisation in the US and the prospect of the return of Donald Trump as the President in the 2024 elections reinforces the sense of a West in terminal decline. There is no holding back the triumphalism among many sections of the “Eastern” political elites that see the current setbacks to the West as a seminal moment in world politics....