The official visit of Mohammed Yunus to China in late March proved fruitful, but there remain many untapped opportunities for cooperation between the countries of South Asian and China. As China brings technological advantages and investment opportunities, South Asia will develop faster and better.

The political turmoil in Bangladesh offers governance lessons for the Global South and serves as a cautionary tale for developing nations pursuing reforms. And as key partners like India, China, and the U.S. re-engage with Dhaka, they should consider broadening their relationships beyond the ruling party.

The resignation of Prime Minister Sheikh Hasina is a major inflection point. Whether or not this change will bring stability or worsen the situation depends on how the new government under Muhammad Yunus performs and fulfills public expectations.

Despite a rebalancing of the United States and China, Bangladesh’s ever-modernizing economy is anxious about the future.