MOSCOW (Sputnik), Ekaterina Blinova — By involving India and Russia in its “One Belt, One Road” project, China has dealt a final blow to ambitious New Silk Road initiative, launched by the United States in 2011.
“Since China’s “One Belt and One Road” strategy, which refers to the Silk Road economic belt and the 21st century maritime Silk Road, was initiated at the end of 2013, significant progress has been made and increasing support has been garnered from the international community,” the Global Times, a Chinese English-language media outlet noted.
The “New Silk Road Economic Belt” and the “Maritime Silk Road of the 21st Century” projects, aimed at creating vast infrastructure connecting Beijing to Central Asia and Middle East, were launched by China’s President Xi Jinping in order to boost China’s economic and political ties across Eurasia.
China’s New Silk Road comprises of a vast number of routes, including the ancient “Silk Road” which connected China and Europe via Central Asia, the Bangladesh-China-India-Myanmar route, an economic corridor linking China and Pakistan through Kashmir, and a Maritime Silk Road, providing China with seamless access to distant seaports, including New Suez Channel ports in Egypt.
American experts stress that China’s infrastructure initiative was started as a response to the challenge of the US strategy of maintaining its influence in Asia. Indeed, in 2011 Washington announced the idea of developing a New Silk Road project in order to create a “new North-South transit and trade routes that complement vibrant East-West connection across Eurasia,” the US Department of State official press release read.
Xi Jinping’s new “charm offensive” approach to foreign policy allowed the country to improve its relations with neighboring states and solidified China’s role in the region.
Full article: Chinese ‘Silk Road’ Initiative to Diminish US Role in Eurasian Region (Sputnik News)