China: Eurasian & Belt Road Initiative

China: Eurasian & Belt Road Initiative

Shanghai Conference organization (SCO) a Eurasian grouping and Belt Road initiative (BRI) are two prime examples of China widening the regional and global net to trap more and more countries into Chinese economic sphere. The widening economic net has geopolitical implications, especially for erstwhile JK State across LoC divide. Alternatives are being spelt for CPEC. The developments are watched with keen interest in the state. How the events unfold in near and distant future remains a subject of intense speculations. There are reservations too, with some countries in Asia-Pacific region and India in South Asia suspecting China’s widening moves. Across the seas, US and its western allies maintain a careful watch, lest the global order prevalent over decades is challenged. Western allies in Asia-Pacific region—Japan, Australia have apprehensions. China though continues to advocate economic initiatives unequivocally without security implications for either the Asian states or to existent global order.

BRI plans to net 65 nation states; the network encompasses road and rail connectivity, communication upgrading, energy pipelines and maritime links. SCO was founded at a summit in Shanghai in 2001 by the Presidents of Russia, China, Kyrgyz Republic, Kazakhstan, Tajikistan and Uzbekistan. In 2005 Astana summit India, Iran and Pakistan were admitted as observers. Tashkent summit of 2010 lifted the moratorium on new membership, opening the way for expansion of the grouping.  Read More…

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