Quoted: Xi and Abe on Infrastructure
Quotes and Quotas is a weekly digest of phrases and facts that help explain Asia’s infrastructure push.
China’s flagship foreign policy effort could reshape the world’s digital, trade, and transport networks and political ties for decades to come.
Quotes and Quotas is a weekly digest of phrases and facts that help explain Asia’s infrastructure push.
After the Asian Infrastructure Investment Bank (AIIB) was first proposed by Chinese President Xi Jinping in 2013, a number of observers, including within Japan and the United States, questioned its underlying motivations. The intensity with which the bank was both attacked and defended in the period before it opened its doors has thrown a spotlight on debates that existed long before Xi’s 2013 announcement. Chief among them are fundamental questions about who should dictate the rules of global governance and what role multilateral development banks (MDBs) should play in carrying them out. The AIIB concluded its second annual meeting in Jeju Island, South Korea on June 16, yet many of those questions remain open.
The Panama Canal began with coercion, was built at tremendous human and economic cost, and for decades operated with little benefit to locals. In many ways, Panama’s experience last century underscores the risks for developing countries of pursuing megaprojects with this century’s rising power: China.
The recent kidnapping and murder of two Chinese nationals by ISIL in the Pakistani province of Balochistan raises a fundamental question: how will China secure its ambitious and potentially transformative Belt and Road Initiative (BRI)? If recent developments are an indication, Beijing plans to send in the Marines. In March, China quietly revealed plans to expand the People’s Liberation Army Marine Corps (PLAMC) from 20,000 to 100,000 with the intent to garrison an unspecified number of marines at its “dual use” port facilities in Obock, Djibouti and Gwadar, Pakistan.
Quotes and Quotas is a weekly digest of phrases and facts that help explain Asia’s infrastructure push.