The Chinese Communist Party is using the Belt and Road Initiative to reshape a world order more to its liking
with Kazakhstan, a new Silk Road city has sprung up with such speed that Google Earth has scarcely begun to record the high-rises that now float on a winter mist above the steppe. What once would have been flattered to be called a hard-scrabble border town is now home to 200,000 people, giant outdoor video screens extolling the glories of a new Silk Road, and restaurants serving sashimi and European wine. Khorgos has become China’s gateway to Central Asia, and all the way to Europe.
The Silk Road’s renaissance has been turbocharged as part of a Chinese expansion that has come to be known as the Belt and Road Initiative . Theis China’s signature, indeed all-encompassing, foreign policy—the “project of the century”, as Mr Xi calls it.
Projects may fall short economically for another reason: their priority is strategic, above all, securing critical supplies of natural resources, to drive economic growth at home. Shanghai now gets half its natural gas from Turkmenistan. Such pipelines neatly get around the “Malacca Strait dilemma”: seaborne supplies of oil and gas that could easily be choked off in time of war.
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