31 Aug '17, 12pm

The Belt and Road to China-based globalisation | East Asia Forum

The Belt and Road to China-based globalisation | East Asia Forum

Author: Colin Mackerras, Griffith University At a time when globalisation from the West appears to be in retreat, the Belt and Road Initiative (BRI) is a potent symbol of the rise of China-based globalisation. The BRI, part of Xi Jinping’s ‘China dream’ to ‘revitalise the Chinese nation’, is a two-fold project: a belt to link the great Eurasian continent with overland railways, highways, pipelines and other infrastructure, and a road to link China with Southeast Asia and even Africa through ports and other maritime linkages. Collectively, it was known as ‘One Belt, One Road (OBOR)’ but is now usually referred to as the BRI. The BRI comes at a time when global divisions are intensifying. Diverse nationalisms with the potential for serious conflict are becoming more marked. Economic globalisation and free-trade once seemed so eminently desirable that few dared go against the...

Full article: http://www.eastasiaforum.org/2017/08/31/the-belt-and-road...

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