May 18, 2017 The Southeast Asian nation can provide what many other countries cannot: an alternate trade route to global markets.
China is scared of the United States, loathe as it is to admit it. China may be powerful, but its power is built on trade. Its trade, in turn, depends on maritime transportation, and the United States, with its powerful navy, controls the seas. And no matter how hard China tries to modernize its military, its navy will be weaker than the United States’ for some time. This is why China is looking for overland trade routes to circumvent its eastern ocean. To that end, however, it has to build the requisite infrastructure.
Get Full Access Today
This content is fully viewable by Premium Subscribers.