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The CPEC story

THE CPEC STORY

With the Pacific Ocean dominated by the US and Japan while the Indian Ocean by the US (conceivably along with its new ally India), China has to turn to its centuries old land routes. As far back as the 11th century, Genghis Khan was exhorting his generals not to depend upon the seas but upon merchants and land routes for trade. In 1941 Japan went to war being denied sea access to sources of raw material in South and Southwest Asia. An efficient network of land, sea and air passages in Asia, Europe and Africa, that would not be prone to intervention by hostile powers during times of crisis, the “One Belt one Road” (OBOR) strategic initiative was thus launched by the Chinese President Xi Jinping in 2013.

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