Read by Alan Metzger
The Belt and Road Initiative is China's ambitious project to connect itself to more than 70 countries in Central Asia, Europe, Africa, and the Middle East through new roads, rails, ports, sea lanes, and air links. This cornerstone of Chinese foreign policy under President Xi Jinping is positioning China at the center of over half of world trade, and the loss of American influence and power could well lead to the end of the postwar liberal world order.
Far more than merely an infrastructure investment, the Belt and Road Initiative is a masterful grand strategy to create nothing less than a new world order based on the Chinese model of government and its financial institutions. Yet, as the passing of the baton of world leadership takes place, the United States seems curiously incapable or uninterested in devising a counter strategy. Even though the United States will no longer have the largest economy in the world, it will still be a powerful and rich country with global alliances.
Book Review: As 'new China' surges, big decisions face US | Business Vt News | timesargus.com