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A mostrar mensagens de março, 2015

China, Indonesia, India and the 21st Century Maritime Silk Road initiative

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China’s President Xi Jinping announced last November that China will promote Asia’s connectivity by creating a $40 billion USD fund for the 21 st Century Maritime Silk Road. This is part of the now called Chinese Dream, which according to President Xi Jinping consists on “ the great rejuvenation of the Chinese nation ”. [1] And according to SCMP, the “New Silk Road Economic Belt” and the “21st Century Maritime Silk Road” will build roads, ports, airports and railways across Central and South Asia”. [2] President Xi Jinping was also quoted saying that “ the Silk Road Fund will be open and welcome investors from Asia and beyond to actively take part in the project ”. [3] It is therefore evident that this investment is not only a business opportunity for many regional and global companies, but also a political opportunity of regional cooperation for the countries of Southeast Asia, South Asia, Central Asia, East Africa and Middle East. This is a project that might have a positive gl...