Skip to main content

Silk Road Headlines


Among the news items and analyses from this week, an article on International Affairs[Will Trump make China great again? The belt and road initiative and international order]offers a quite comprehensive geo-economic and geopolitical analysis of the motives and implications of China’s Belt and Road Initiative (BRI).

The BRI’s push towards networked capitalism on the one hand, and the focus on Chinese national unit on the other, fuse in ways that reinforce Chinese government narratives that portray China as the new trailblazer of global capitalism, specifically illustrating and justifying what some observers envisage (or fear) as a new Sinocentric order in and beyond East Asia. The likely winners in this constellation, if it is successful, are megalopolises and hubs in Eurasia and, most of all, the Chinese Communist Party (CCP), whose performance-based legitimacy would gain an unprecedented boost. Other places connected to the key network, in areas including East Africa and the South Pacific, may also stand to benefit economically by access to the envisaged lines of connectivity. The likely losers are countries that are not included in the BRI, most notably the United States. As of today, the BRI’s ability to rally support to date stands in stark contrast to the United States' ‘America First’ policy stance under President Trump. Trump’s hostility to multilateralism, which has so far peaked with the US’ withdrawal from TPP,  presents a window of opportunity for China, which Beijing seems to be skilfully using to promote its claim to international leadership, allowing China to greatly enhance its standing as a (trade) rule-maker at both the regional and the global level.

The eventual success of the initiative is not, however, a foregone conclusion. The BRI is a new and very complex undertaking, whose development is highly dependent on both the continued and adaptable support from the Chinese government and on the overall state of the global economy. Moreover, despite relentless reassurances from Beijing that the BRI is a ‘win-win’, open initiative, its scale and scope have already generated significant concerns. The authors place special focus on the potential impact of BRI-triggered large-scale migration flows (notably of Chinese workers), and on the fact that so far there seems to have been little preparation in China for dealing with the associated issues and the inevitable repercussions.

Francesco S. Montesano

This week's Silk Road Headlines

Will Trump make China great again? The belt and road initiative and international order [International Affairs]Next phase of Belt and Road: Xi's own military-industrial complex [Nikkei Asian Review]China's Zijin Mining Interested in Serbian Copper Mine RTB, Belgrade Says[Reuters]Marco Polo in reverse: how Italy fits in the New Silk Roads [Asia Times]The Belt and Road can become a pathway for Sustainable Development [Belt and Road blog]Chinese development finance falls in 2017 [China Dialogue]Itochu climbs aboard China's Belt and Road Initiative [Nikkei Asian Review]Plan for Scandinavian ‘Ice-Silk Road’ west moves ahead [Asian Times]The Rise of China-Europe Railways [CSIS]Why English law could rule on China’s belt and road disputes [SCMP]

To increase awareness of and facilitate the debate on China's Belt and Road Initiative, the Clingendael Institute publishes Silk Road Headlines, a weekly update on relevant news articles from open sources.

Comments

Popular posts from this blog

CPEC Jobs in Pakistan, salary details

JOBS...نوکریاں چائنہ کمپنی میںPlease help the deserving persons...Salary:Salary package in China–Pakistan Economic Corridor (CPEC) in these 300,000 jobs shall be on daily wages. The details of the daily wages are as follows;Welder: Rs. 1,700 dailyHeavy Duty Driver: Rs. 1,700 dailyMason: Rs. 1,500 dailyHelper: Rs. 850 dailyElectrician: Rs. 1,700 dailySurveyor: Rs. 2,500 dailySecurity Guard: Rs. 1,600 dailyBulldozer operator: Rs. 2,200 dailyConcrete mixer machine operator: Rs. 2,000 dailyRoller operator: Rs. 2,000 dailySteel fixer: Rs. 2,200 dailyIron Shuttering fixer: Rs. 1,800 dailyAccount clerk: Rs. 2,200 dailyCarpenter: Rs. 1,700 dailyLight duty driver: Rs. 1,700 dailyLabour: Rs. 900 dailyPara Engine mechanic: Rs. 1,700 dailyPipe fitter: Rs. 1,700 dailyStorekeeper: Rs. 1,700 dailyOffice boy: Rs. 1,200 dailyExcavator operator: Rs. 2,200 dailyShovel operator: Rs. 2,200 dailyComputer operator: Rs. 2,200 dailySecurity Supervisor: Rs. 2,200 dailyCook for Chinese food: Rs. 2,000 dailyCook…

Balochistan to establish first medical university

https://www.dawn.com/news/1366135

The Newspaper's Staff CorrespondentOctober 25, 2017QUETTA: The provincial cabinet on Tuesday approved the draft for establishing a medical university in Balochistan.Health minister Mir Rehmat Saleh Baloch made the announcement while speaking at a press conference after a cabinet meeting.“The cabinet has approved the draft of the medical university which would be presented in the current session of the Balochistan Assembly,” he said, adding with the assembly’s approval the Bolan Medical College would be converted into a medical university.Published in Dawn, October 25th, 2017

Germany’s Siemens sets up Belt and Road office in Beijing

https://gbtimes.com/germanys-siemens-sets-up-belt-and-road-office-in-beijing
Germany’s Siemens sets up Belt and Road office in Beijingby Janne Suokas Mar 23, 2018 15:20 TRADEINVESTMENTBELT AND ROAD INITIATIVEGerman industrial and engineering group Siemens will set up a Belt and Road office in Beijing. surberFlickrCC BY 2.0
German industrial and engineering group Siemens will set up an office in Beijing to boost international cooperation under China’s Belt and Road initiative, the company said on Friday.The move will help strengthen Siemens’ cooperation with Chinese and international companies and expand business opportunities brought about by the Belt and Road initiative, according to the company’s statement.The Belt and Road initiative is China’s ambitious project to boost trade and infrastructure investment in more than 65 countries along the ancient Silk Road trade routes from Asia to Europe and Africa.Siemens said it had already partnered with hundreds of Chinese companies in overse…