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China is ready to govern the world

"Older countries have glasses to see the future," might have said a Chinese proverb. President Xi Jinping drew inspiration from the legendary Silk Road, which ensured China's prosperity for a millennium, to launch the most ambitious economic development plan in the history of the 21st century: "One Belt One Road "(OBOR). On one side, a terrestrial "belt" which connects the interior of China with Europe, by Central Asia and Turkey; On the other side, a maritime "road" linking the Chinese coastline to the East of Africa, passing through the Arabic Gulf countries. It is the "New Silk Road" which formalizes the entry of China into the club of the great superpowers.

Indeed, OBOR materializes the political and commercial alliances that China, the rising power of the 21st century, has patiently woven for decades. For several years, Chinese companies have been building pipelines and fiber optic networks across Eurasia and Africa. Far from acting with warships, as did former European powers and United States, China is choosing a more skillful method, soft power, investing in developing countries to become a natural partner .

China's objectives are, of course, to boost its economy. With growth of "only" 7.4% of its GDP, last year, China must absolutely give a new impetus to its economy. Its manufactures, mainly steel and heavy equipment, need new outlets.
On the road, China will also find new gas pipelines in Central Asia and new deep-water ports in South Asia to permanently quench its thirst for fossil fuels.
These projects will also impose the renminbi as an international currency, to the detriment of the dollar. This is an important economic goal for Beijing.
On the military front, the reopening of land routes between Europe and China is used to circumvent the Straits of Malacca. This bottleneck, 45 kilometers wide and 700 kilometers long, stuck between Malaysia and Indonesia, sees 90 per cent of Chinese traffic. To paralyze China, United States only need to block the strait.
These land routes between Europe and Asia would save ten days, on average, over maritime transport, although more expensive. The passage through Russia, Kazakhstan and Belarus would be even faster.
Finally, on a geopolitical level, China is convinced that building an economic prosperity zone will stifle the threat of jihadist chaos, born of economic misery, which threatens to take Asia and Africa away. A well-nourished people, according to Beijing, doesn't pay attention to political or religious ideals.

After years of modest facade, China is meant by the creation of the Asian Investment Bank for Infrastructure (AIIB), the Silk Road Fund , The Shanghai Cooperation Organization, the BRICS, the G13 and economic forums, such as the Boao Forum. China had initially, apparently, been subject to the system of global governance advocated by the Americans. This phase ends.

The European Union could embrace this new development opportunity with enthusiasm. Europeans would gain regional stability, economic development and diversify its energy supply. In addition, India, Pakistan, Iran and Kazakhstan are interesting new markets for European companies. Participating in the New Silk Road would be a good opportunity to get closer to Russia and ease tensions. The European Union would have a unique opportunity to formulate its own interests by collaborating with China in the creation of this new Silk Road. This would become a Sino-European initiative, a winning project at both ends of the road.
But Europe is now too much enslaved in Washington to dare seize this opportunity. Old Europe has lost its glasses, it no longer sees the future.

Source : Sirius report

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