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China is initiatives of China Silk Road Trade Routes from Asia to Europe and then Africa under OBOR One Belt and One Road mega projects. The combination of different projects including railway lines, ports, corridor and other mega infrastructure projects in 65 member countries with a monumental worth of US$900bn.
The Belt and Road routes are historically the biggest foreign investment strategy by any single country in the world history. OBOR initiative has announced open opportunities for all countries to invest and to free trade and open borders has gained increased attention in Western countries.
Belt and Road initiatives Xi Jinping has plan to benefits of globalisation and multilateralism, and by promoting its own trade, economic and culture.
“China Silk Road Trade Routes Contains almost two-thirds of the world’s population and account for one-third of the world’s wealth. The initiative is inspired by and symbolic of the old Silk Road from China to Europe. OBOR will enable closer connections among nations and enhance development by creating new opportunities for trade, investment, economic activities, technological innovation, and the movement of people.” (Professor Liu Weidong, Chinese Academy of Sciences)
In few years China become global hub for manufacturing, industries, cheap products production and is the largest manufacturing economy and largest exporter in the world.
In past, the United States was the superpower and the only gravitational centre of the world having force and as well as the soft power over the world.
However, today that world looks towards China economic growth and bilateral development strategies in shape of China Silk Road Trade Routes not only in Asia but everywhere. And it is seriously threatens American hegemony.
Now it is inevitable that America will have to accommodate and to adjust himself with rising China. The US will have to accept not only the emerging and growing economy of China but the China’s military advancement too.
China Pakistan Economic Corridor (CPEC) is most important part of the Silk Road project with a total cost of $55 billion investment that seeks to connect East Asia with South Asia. CPEC is a geopolitical game-changer for the region because it will connect China with an alternative to the South China Sea and Strait of Malacca in Malaysia, thereby making it impossible for the troublesome US Navy to control the PRC’s trade routes via maritime manipulations in these two aforementioned checkpoints.
This, in turn, will connect China to trade and bilateral relationship with its Silk Road partner’s countries, European, Mideast, and African. Therefore advance its globally transformative vision of New Silk Road connectivity which lies at the heart of structurally reforming the unipolar controlled global system.
CPEC will not just connect China to Indian ocean but it is linking together a series of Eurasian economics blocs. This part of Silk Road holds the realistic possibility of connecting Europe, the Arab countries, and Africa with their Shanghai Cooperation Organisation (SCO) counterparts for trade and exchange of culture.
One Belt One Road is a global vision of China to connect world by sea and land for trade and a win-win network of real sector economic relations. The new Silk Road connectivity is a series of multipolar translational connectivity imitative by SCO (Shanghai Cooperation Organization), AIIB (Asian Infrastructure Investment Bank) and BRICS (Brazil, Russia, India and China).
China needs more markets and more raw materials and in order to maintain its hold on power through trade and economic multipolar relationships. Chinese president Xi Jinping aims to make china more sustainable, especially in supplies.
China has achieved part of this with the inauguration of the Shanghai Cooperation Organization (SCO), and then work continues on different corridors of OBOR China Silk Road Trade Routes.
China’s solution to this to this pressing need is its CPEC (China Pakistan Economic Corridor) in Pakistan to connect East Asia with South Asia with a total cost of $55 billion investment on infrastructure and other development projects in Pakistan.
CPEC is most important link of China Silk Road Trade Routes project and could be game changer due to geographical location and deep water availability. It will provide China with an alternative to the South China Sea and Strait of Malacca.
CPEC and CMREC (China Mongolia Russia Economic Corridor) are two main routes in Silk Road project among seven big corridors. While China is indeed streamlining other mainland corridors across Eurasia and plans to outfit them with high-speed rail technology, they each run the risk of being disrupted, controlled or influenced by the externally-provoked, identity-driven conflicts of Hybrid Wars.
The same can be said for CPEC, too, but it’s much easier to manage these disturbances in the two transit states of China and Pakistan than it is to do so all across the Eurasian landmass. This makes CPEC the most solid and dependable in China Silk Road Trade Routes investment from a security standpoint, which is doubly understandable, if geostrategic seriousness of this project, is acknowledged.