Chinese President Xi Jinping arrived in Kazakhstan on Thursday to solidify new deals for Beijing’s ambitious plan to revive the old Silk Road as a modern-day trade hub. Beijing has already spent billions of dollars on roads, railways, and other infrastructure and intends to invest billions more to connect China to Europe in what it calls the “Silk Road Economic Belt.”
Xi’s visit comes as other major powers have launched economic integration projects in Eurasia. Russia launched the Eurasian Economic Union in January and the United States is plugging its own infrastructure project, the “New Silk Road.” But Beijing has outshined both countries in investment and execution. Now both Washington and Moscow are trying to hitch their wagons to China’s massive project.
Here at Foreign Policy, we’ve put together an interactive guide tracking Beijing’s victories and obstacles along the new Silk Road. The list of participating countries is still not finalized, but with China forking out billions in trade deals and preferential loans, its appeal as an economic benefactor is only set to grow.
PETER PARKS/AFP/Getty Images
Like this article? Read an unlimited number of articles, plus access to our entire 47-year printed archive, the FP App, and the FP Insights Tool when you subscribe to FP Premium for 20% off!