It's as if the Angel of History -- that striking image in a Paul Klee painting eulogized by philosopher Walter Benjamin -- is now trying to tell us that a 21st century China-EU Seidenstrasse synergy is all but inevitable. And that, crucially, would have to include Russia, which is a vital part of the New Silk Road through an upcoming, Russia-China financed $280 billion high-speed rail upgrade of the Trans-Siberian railway. This is where the New Silk Road project and President Putin's initial idea of a huge trade emporium from Lisbon to Vladivostok actually merge.
In parallel, the 21st century Maritime Silk Road will deepen the already frantic trade interaction between China and Southeast Asia by sea. Fujian province -- which faces Taiwan -- will play a key role. Xi, crucially, spent many years of his life in Fujian. And Hong Kong, not by accident, also wants to be part of the action.
All these developments are driven by China being finally ready to become a massive net exporter of capital and the top source of credit for the Global South. In a few months, Beijing will launch the China International Payment System (CIPS), bound to turbo-charge the yuan as a key global currency for all types of trade. There's the AIIB. And if that was not enough, there's still the New Development Bank, launched by the BRICs to compete with the World Bank, and run from Shanghai.
It can be argued that the success of the entire Silk Road hinges on how Beijing will handle restive, Uyghur-populated Xinjiang -- which should be seen as one of key nodes of Eurasia. This is a subplot -- fraught with insecurity, to say the least -- that should be followed in detail for the rest of the decade. What's certain is that most of Asia will feel the tremendous pull of China's Eurasian drive.
And Eurasia -- contrary to perennial Brzezinski wishful thinking -- will likely take the form of a geopolitical challenge: A de facto China-Russia strategic partnership that manifests itself in various facets of the New Silk Road that also bolsters the strength of the Shanghai Cooperation Organization (SCO).
By then, both Iran and Pakistan will be SCO members. The close relations between what was ancient Persia and China span two millennia -- and now they are viewed by Beijing as a matter of national security. Pakistan is an essential node of the Maritime Silk Road, especially when one considers the Indian Ocean port of Gwadar, which in a few years may double as a key transit point of the IP or Iran-Pakistan gas pipeline. It may also be the starting point of yet another major Chinese Pipelineistan gambit parallel to the Karakorum highway, delivering gas to Xinjiang.
Beijing values both Iran and Pakistan -- the intersection of Southwest Asia and South Asia -- as fundamentally strategic nodes of the New Silk Road. This allows China to project trade/commerce power not only in the Indian Ocean but the Persian Gulf.
Got vision, will travel
Washington's alarm at these developments betrays the glaring absence of an enticing made -in-the-USA vision to woo pan-Eurasian public opinion -- apart from a hazy military pivoting posture mixed with relentless NATO expansion, and the TTIP "free trade" corporate racket, also known across Asia as "NATO on trade."
The counter-punch to the above could be already coming via the BRICs; the SCO; the non-stop strengthening of the China-Russia strategic partnership. There's also the expansion of the Eurasian Union (Armenia, Belarus, Kazakhstan, Russia -- with Kyrgyzstan soon acceding, followed by Tajikistan). In the Middle East, Syria is seriously studying the possibility, and a trade agreement with Egypt has already been clinched. In Southeast Asia, a pact with Vietnam will be a done deal by the end of 2015.
Russia and China's "secret" agenda in helping to clinch an Iran-P5+1 nuclear deal paves the way for Tehran to be admitted to the SCO as a full member. Expect, as early as 2016, an SCO alignment that unites at least 60% of Eurasia, with a population of 3.5 billion people and a wealth of oil and gas that more than matches the Gulf Cooperation Council states.
So the real story is not how China will collapse, as peddled by David Shambaugh, the so-called second top China expert in the U.S. (who's the first -- Henry Kissinger?) This is a line that's been soundly debunked by many sources. The real story, which a revived Asia Times will be covering in detail in upcoming years, is how the myriad aspects of the New Silk Road will be configuring a new Eurasian dream. Have vision, will travel.
Bon voyage.
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