Home GRASP GRASP/China China’s ‘Silk Road’ stirs unease over its strategic goals

China’s ‘Silk Road’ stirs unease over its strategic goals

216
0
SHARE

In a mountain valley in Kashmir, plans are under way for Chinese engineers guarded by Pakistani forces to expand the lofty Karakoram Highway in a project that is stirring diplomatic friction with India.
BEIJING, China — In a mountain valley in Kashmir, plans are under way for Chinese engineers guarded by Pakistani forces to expand the lofty Karakoram Highway in a project that is stirring diplomatic friction with India.
The work is part of a sprawling Chinese initiative to build a “new Silk Road” of ports, railways and roads to expand trade in a vast arc of countries across Asia, Africa and Europe. The Asian Development Bank says the region, home to 60 percent of the world’s people, needs more than $26 trillion of such investment by 2030 to keep economies growing.
The initiative is in many ways natural for China, the world’s biggest trader. But governments from Washington to Moscow to New Delhi worry Beijing also is trying to build its own political influence and erode theirs.
Others worry China might undermine human rights, environmental and other standards or leave poor countries burdened with debt.
India is unhappy Chinese state-owned companies are working in the Pakistani-held part of Kashmir, the Himalayan region claimed by both sides. Indian leaders see that as an endorsement of Pakistani control.
“We have some serious reservations about it, because of sovereignty issues, ” said India’s finance and defense minister, Arun Jaitley, at an Asian Development Bank meeting this month in Yokohama, Japan. China has previously said its highway work “targets no third country.”
China’s initiative is ramping up as President Donald Trump focuses on domestic issues, downplaying foreign affairs.
American officials say Washington wants to work with China on infrastructure. But some political analysts say Beijing is trying to create a political and economic network centered on China and push the United States out of the region.
Trump’s decision to pull out of the proposed 12-nation Trans-Pacific Partnership deprives China’s neighbors of a tool they hoped would counter its rising influence, said Max Baucus, the U.

Continue reading...