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Neighbors move toward 'Asian Century'

By Mukul Sanwal | China Daily | Updated: 2018-04-28 07:57

Indian Prime Minister Narendra Modi responded somewhat positively to President Xi Jinping's vision of the world - infrastructure being its most visible symbol - on Friday, the first day of their two-day "informal" summit in Wuhan, Hubei province.

The aim of the Beijing-proposed Belt and Road Initiative is to improve infrastructure connectivity along the two land and sea routes of the ancient Silk Road, champion integration as China climbs up the global value chain and makes efforts to balance its interests with those of other economies.

In contrast, the United States has been rejecting global rules and multilateralism, and has questioned the merits of globalization because of its inability to continue using legal frameworks to get disproportionate benefits, and sought India's support in the "Indo-Pacific" strategy to contain China.

Neighbors move toward 'Asian Century'

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