One Belt, One Road: When a Trade Route Isn’t a Trade Route
July 13, 2017 This economic initiative is a political solution, not a commercial enterprise.
In the fall of 2013, just months after assuming office, Chinese President Xi Jinping unveiled the One Belt, One Road initiative during visits to Kazakhstan and Indonesia. Before Xi, Chinese strategy had been inspired by Deng Xiaoping’s warning in the 1990s. Chinese leaders, he insisted, should “hide our capacities and bide our time; be good at maintaining a low profile, and never claim leadership.”
It is tempting to think of OBOR as a consequence of Chinese maturation, an ambitious program of economic development that will vau...
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