BEIJING -- It is clear that China will be one of the major economic engines in the first half of 21st century with projected outward investments of 500 billion dollars and outbound tourists of over 500 million for the next five years. "Made in China," Chinese capital, China's market and Chinese consumers will be hallmarks in the new round of economic growth of the world.
The complex but irreversible integration of the European continent and the renaissance of the Chinese civilization arguably constitute the most significant factors of change of our time, the wise articulation of these two processes can only be mutually enriching and a source of growth and stability for our global village.
LONDON -- Twice in the fall of 2014, the Chinese attacked submarines docked at Sri Lanka's newly opened, $500 million Colombo South Container Terminal, built and majority-owned by the state-run China Merchant Holdings. This ran counter to the core of Xi's speech to the Indonesian parliament in October 2014 when he presented China's nationalist project as building a "maritime Silk Road" to increase trade and cultural exchanges in the sprawling region.
LONDON -- Eurasia is an idea whose time, it is said, has come around again. Recent historical research has rescued the old Silk Road from historical oblivion. The late American sociologist Janet Abu-Lughod identified eight overlapping "circuits of trade" between northwest Europe and China that, under the aegis of a Pax Mongolica, flourished between the 13th and 14th centuries.