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looking beyond borders

foreign policy and global economy

Archive for the tag “Silk Road”

Should India Join The China-Pakistan Economic Corridor?

There has been a chorus of voices in recent months who have argued that India’s official position on CPEC is untenable and will end up isolating India from the China-led connectivity transformation across the globe.

Read Here – Daily O

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Why Is China Building A New Silk Road?

There are strong commercial and geopolitical forces at play here, first among which is China’s vast industrial overcapacity – mainly in steel manufacturing and heavy equipment – for which the new trade route would serve as an outlet. As China’s domestic market slows down, opening new trade markets could go a long way towards keeping the national economy buoyant.

Read Here – World Economic Forum

Silk Road Wide Enough For China-US Cooperation

Over 2,000 years ago, the ancient Silk Road, a 7,000-km-long trade route created by camel-driving merchants, started to link China with Europe via central and west Asia. Today, the ancient invention still inspires both China and the United States when they work out their respective blueprints to promote regional development. Sprouting from the inspiration, the US “New Silk Road Initiative” with war-torn Afghanistan at the heart of a possible trade pathway between Asia and the West, and China’s “Belt and Road” initiatives proposed by Chinese President Xi Jinping to boost trade and growth along and beyond the ancient Silk Road, have come into being. Experts say that Xi’s upcoming US visit in late September will offer a golden opportunity for China and the United States to review their versions of “Silk Road” initiative to see what they could do together.

Read Here – Global Times

Japan’s Strategy For Central Asia

Japan’s expanded diplomatic overtures can be explained in two main ways. First, they could be seen as a means of balancing against China. If true, this would effectively be a form of unwitting indirect assistance to Russia, whose own traditional hegemony in Eurasia is being seriously challenged by China’s growing trade ties and economic presence in the region. Alternatively, Japan might simply prefer to see a little more diversity of interest in Central Asia, with itself, India, and the United States competing for influence with the dominant Russia-China rivalry.

Read Here – The Diplomat

Map of Central Asia

Building The New Silk Road

More than two thousand years ago, China’s Han Dynasty launched the Silk Road, a sprawling network of commerce that linked South and Central Asia with the Middle East and Europe. Today, the idea of a “New Silk Road,” an intertwined set of economic integration initiatives seeking to link East and Central Asia, has taken hold in the United States and China for very different reasons.

Read Here – cfr.org

Straight From Shakespeare’s Pen

Welcome to Uzbekistan, a country that in recent months has been home to a drama that could have come straight from Shakespeare’s pen. Playing the leading roles are: a dictator, who has had his country under his iron grip for a quarter-century; his glamorous daughter, who he had been grooming as his successor; and his wife, who was conspiring with the head of the country’s intelligence agency against the plan. It is a drama about power, billions of dollars and corruption. There’s also a possibility of legal proceedings that could land his favorite daughter in jail for a long time to come.

Read Here – Der Spiegel

The Silk Road Conundrum

As a cornerstone of a market economy, information has a value that cannot be ignored. Trade in consumer goods will remain relevant for China’s regional strategy and for the One Belt, One Road strategy, but more emphasis should be given to the market for ideas. Some have argued that the Internet has made human communication obsolete. For the foreseeable future, though, the communication of ideas in the traditional form, which consists of information in multifarious forms with multifarious meanings and innumerable nuances, will still be the main agent of change.

Read Here – The Diplomat

Bitcoin, Bit By Bit

Yes, Bitcoin is what some call a deflationary currency. Because the system was designed to allow the creation of only a finite number of bitcoins, there will come a point where, as demand rises, the value of the currency will only go up (making the price of goods and services fall, hence the term deflation). And that could lead to hoarding on an even larger scale.

Read Here – Wired

Read Here To Know All About Bitcoin, the digtial currency

Look Who’s Looking West…

With the United States bogged down by economic troubles at home, wriggling to organize its departure from Afghanistan and grappling with a variety of crises in the Middle East, it comes as no surprise that China is using the opportunity to invest considerable time and money into reviving the so-called Silk Road.

Read Here – RealClearWorld

Central Asia’s Most Important City Is In…China

Central Asia‘s beating heart, the commercial hub of the region that cultivated the old Silk Road, is neither of the fabled Thousand and One Nights cities of Samarkand or Bukhara. In fact, the center of this region is not even really in Central Asia. It’s in China.

Read Here – The Atlantic

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