Chinese Premier Li Keqiang is knocking on Europe’s door with a seductive message and a bold sales pitch. The message is one of economic cooperation, and coming in the wake of U.S. President Donald Trump’s controversial visit to Europe, his participation in the EU-China summit on June 1-2 in Brussels could not be better timed.
On May 14, President Xi Jinping of China will welcome 28 world leaders to Beijing to discuss the most ambitious and least understood initiative in global affairs: the Belt and Road. The effort is bold and has been compared to a traditional Chinese painting made with broad brush strokes. Through new overland and maritime connections, it aims to put China squarely at the center of global economic affairs. Like a painting of the same style, it also begins to lose focus when viewed up close, raising questions about its drivers and ultimate implications.
If he were alive today, Darius the Great would have cheered the commissioning by Iranian President Hassan Rouhani and Azerbaijani President Ilham Aliyev in March of a new railway connecting their countries. The fifth century Persian king was able to dominate much of West Asia in part because he understood the strategic importance of transportation and organized one of the world’s first highways: the Royal Road. The route spanned all of modern-day Iraq and Turkey, and cut messengers’ travel times by a factor of 12.
China’s biggest diplomatic event of the year was on May 14–15, when President Xi Jinping welcomed leaders from 28 countries and delegates from 110 countries at the Belt and Road Forum in Beijing. For expert insights from Christopher K. Johnson, Matthew P. Goodman, and Jonathan E. Hillman click here.
The Belt and Road’s expansiveness is a double-edged sword. Chinese officials can highlight individual successes and, pointing to a long roster of participants, they can claim international support. Beneath its global banner, though, the Belt and Road is mostly bilateral deal-making.