China to Back Middle East

China is aiming to connect China and Middle East under Silk Road project.

Map of Silk road connecting different parts of the world

A forum in Shanghai last weekend, showed the train of strategies in One-belt, One-road initiative. The wider plan highlighted as cooperation between China and Middle East. The Silk Road project involves main corridors which will connect Asia, Africa, Middle East, North Africa and Europe. The precise route extends through Middle East to Africa.

Chinese production capability proves way ahead the goals when start exporting to different parts of the world. The world’s second largest economy is eyeing for ideas to invest heavily by building industrial complexes and technical assistance wings in the countries of particular regions. Of course, the plan moves towards the better trade opportunities between China and different regional states.

Likewise, China desires to expand the project circle, the circle will connect less developed western China to the eastern Mediterranean. The ambitions include Med Railways, expand the ports such as Oman’s Duqm, as well as investments in Turkey. Chinese-Arab trade has already extends double in just four years from 2010 to 2014. Similarly, Arab states are importing its 40% to China. Meanwhile, China is the largest exporter to Arab nations. Furthermore, the Silk Road project along with trade opportunities will include project like LNG, Pipelines, power plants and grids and even further implementations of energy supplies.

According to the World Bank, this staggering investment in Middle East will possibly account up to $30 Trillion in approximately 15 years. Likewise, the role of Asian Development Bank will be primal as Yuan is going to be internationalized in the economic world. Along this, this will create opportunities such as birth of jobs at local and international level, investment grounds for public and private parties. Naturally, this would be no less than a challenge, Geopolitical oscillation could lead to adverse footings but the freedoms of prosperity have much more outlooks than contorted situations in the region.

For instance, Chinese province of Zhejiang has already become an extensive hub for dealers of Syria and Africa. The Beijing’s aim is to diversify the economies of major exporters of oil such Saudi Arabia from oil to trade in order to bring them out from savage of other forces. To achieve this, Beijing has planned to industrialize the region by investing through Silk Road project. Explicitly, China is playing its role as leader by reducing the tensions between countries like Saudi Arabia and Iran as a mediator.

To sum up, China as a follower and admirer of Liberalism in the particular terms of Silk Road project is making democracy as the key card for reducing tensions and improving cooperation in these regions. China’s aim is to make the trade future of the world in place of the war.