TURNING DOWN CHINA
By Ram Madhav Belt and Road is China’s most ambitious initiative in history. Popularly known as One Belt One Road (OBOR), this infrastructure project of gigantic proportions attempts to bring under its sway more than 60 countries, from the Scandinavian world to the South Pacific Islands, in its land and maritime versions. The ancient Silk Route is said to be the inspiration for this initiative launched in 2013. For President Xi Jinping, Belt and Road is a project of personal ambition and honour. His government has not left any stone unturned to make it a reality in a span of less than four years. In the first three years, various projects have seen the signing of contracts worth more than a trillion US dollars. In a world of competing economic and trade alliances, OBOR has overtaken many others active in the region and beyond. The European Union has some 27 member countries; the Organisation of Petroleum Exporting Countries (OPEC) has 13 countries; the East Asia Summit has 18...