By Pepe Escobar
In less than a decade, China’s BRI has fundamentally transformed global geopolitics. It is already far too late for the west to compete.
It is important to recognize that the US/NATO proxy war against Russia in Ukraine is simultaneously a war designed to interrupt the progress of China’s Belt and Road Initiative (BRI).
As we approach the 10th anniversary of the BRI, to be marked by the third Belt and Road Forum later this year in Beijing, it is clear the original Silk Road Economic Belt – announced by President Xi Jinping in Astana, Kazakhstan, in September 2013 – has traveled a long way.
By January this year, 151 nations had already signed up to the BRI: No less than 75 percent of the world’s population that represents more than half of the global GDP. Even an Atlanticist outfit such as the London-based Center for Economic and Business Research admits that the BRI may increase global GDP by a whopping $7.1 trillion a year by 2040, dispensing “widespread” benefits…