Either Beijing will find innovative ways that benefit debtor nations or it will be seen as just another predatory lender in a long history of empire builders. The backlash to China’s presence in lands around the world will soon follow, along with fractured political and economic relationships that become difficult, if not impossible, to mend.
On China’s border 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…Khorgos has become China’s gateway to Central Asia, and all the way to Europe.
China and Myanmar agreed to accelerate several joint infrastructure deals and projects during President Xi Jinping’s historic visit to the country, giving new impetus to commercial relations that have revived under Myanmar leader Aung San Suu Kyi. Xi visited Myanmar on January 17 and 18, marking the first time a Chinese leader traveled to the Southeast Asian country in nearly two decades and coinciding with the 70th anniversary of the two sides establishing formal diplomatic relations.
China’s attempts to woo South and Central Asian countries with a total of US$126 billion of investment in 17 years have proved the most polarising of its efforts to gain regional influence, because of concerns over debt traps, transparency and Chinese labour, according to research in the United States.
In this sense, China is acting like the colonialists of old: For nearly a century, Britain, first through the East India Company and then under the Crown, exported its own mediocre men to supposedly civilize the South Asian Raj, contributing to the Empire’s impotence and eventual fall. Today, China is ultimately undermining its efforts to become the globe’s foremost power by shipping abroad its own middling ruralites.
File Photo/PIB
Introduced under considerable fanfare in 2015, CPEC provides much-needed financing for infrastructure and energy pipelines that Pakistan could not entice other investors to underwrite. However, the expected payoff is unlikely to compensate for the sizable risks to which these investments expose the Pakistani economy.
China’s infrastructure and energy driven US$1 trillion Belt and Road initiative involves risky bets across a swath of land populated by often illiberal or autocratic governments exercising power without independent checks and balances. Seeking to reduce risk, China is bumping up against the limits of its own long-standing foreign and defence policy principles, foremost among which its insistence on non-interference in the domestic affairs of others, the equivalent of the United States’ preference for stability rather than political change.
The ballots hadn’t even been counted yet when the deals were announced. On April 26, just two days after Election Day, Indonesia signed 23 memorandums of understanding with China, worth $14.2 billion in all, for several major infrastructure projects. They came after months of silence about Chinese investment in Indonesia—by design, as President Joko Widodo feared attempts by the opposition to paint him as being too pro-China.
More to the point, when it comes to China, we are dealing with a unique and very formidable cultural organism. The American foreign policy elite does not like to talk about culture since culture cannot be quantified, and in this age of extreme personal sensitivity, what cannot be quantified or substantiated by a footnote is potentially radioactive. But without a discussion of culture and geography, there is simply no hope of understanding foreign affairs.
