OBOR on the Ground
It could take decades for OBOR to unfold. But it is a development that is worthy of greater attention from U.S. researchers and policymakers today.
It could take decades for OBOR to unfold. But it is a development that is worthy of greater attention from U.S. researchers and policymakers today.
Like its predecessors, China’s efforts at unifying Eurasia are driven by several factors: a desire to boost trade, a need to find new markets for firms struggling with overcapacity at home, and a desire to set the rules of the new Silk Road.
It is not impossible that President Nursultan Nazarbayev’s vision of Khorgos will emerge in its time; but as it turns two, it is already looking likely that Khorgos will struggle to match Astana’s ambitions—a reminder of some of the larger challenges that Nazarbayev and Kazakhstan will have to overcome on the road to 2050.
Americans are not in the game. And, if you’re not in the game, you can’t score. If we’re serious about rebalancing our attention to Asia, we need to get involved in the new institutions Chinese and other Asians are creating.
If decades of torrid growth have been the opening scene on Asia’s economic stage, the region’s reconnecting—through new roads, railways, and other infrastructure—could be the next act.