While the passions of internal discord have stalled the once-confident global march of the West, the East, led by China, is looking ahead with a decades-long strategy to revive the ancient Silk Road through Eurasia as the core of the world's economy and civilization. As Oxford historian Peter Frankopan, author of "The Silk Roads: A New History of the World," writes: "The age of the West is all but at an end when it comes to taking the lead and planning for the future." (continued)
This week, two faces of globalization -- tax havens and refugee camps -- were dramatically on display. As the "Panama Papers" revealed, the super-rich and well-connected have been sending boatloads of money offshore to hide their wealth and escape taxation. Powerless and penniless refugees who risked their lives on rickety vessels to reach Europe's safe shores were being sent back from camps in Greece to an uncertain fate amid the violence, misery and insecurity of the regions from which they had escaped. (continued)
A weighty question loomed large for world leaders who gathered in Washington this week for the fourth Nuclear Security Summit: could terrorists obtain dangerous nuclear material? "There is no doubt that if these madmen ever got their hands on a nuclear bomb or nuclear material, they most certainly would use it to kill as many innocent people as possible," Obama said at the summit. Fears of ISIS' nuclear ambitions have grown since a suspect linked to the November terrorist attacks in Paris was found with a surveillance video of a Belgian nuclear power plant official. Harvard's Matthew Bunn said the Belgian case highlights further steps that must be taken to thwart nuclear terrorism. (continued)
The summit bore fruit with a joint China-U.S. communique, plus five separate action plans from different participants. In The Hague in 2014, President Xi put forward a Chinese approach to nuclear security for the first time, which provided an important and useful perspective to promote international nuclear security. At the 2016 summit, President Xi delivered a speech that fully demonstrated China's policies and initiatives.
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