Belt and Road
A Chinese World Order
What does the biggest geopolitical project of our time tell us about China’s global ambitions?
China’s Belt and Road strategy is acknowledged to be the most ambitious geopolitical initiative of the age. Covering almost seventy countries by land and sea, it will affect every element of global society, from shipping to agriculture, digital economy to tourism, politics to culture. Most importantly, it symbolises a new phase in China’s ambitions as a superpower: to remake the world economy and crown Beijing as the new centre of capitalism and globalisation.
Bruno Maçães traces this extraordinary initiative’s history, highlighting its achievements to date, and its staggering complexity. He asks whether Belt and Road is about more than power projection and profit. Might it herald a new set of universal political values, to rival those of the West? Is it, in fact, the story of the century?
Bruno Maçães is a non-resident senior fellow at the Hudson Institute, a senior advisor at Flint Global and a senior fellow at Renmin university in China. Formerly Portugal’s Europe minister (2013–15), he has been a regular commentator for CNN, the BBC and Al Jazeera, and has written for the Financial Times, The Guardian and Foreign Affairs. His last book was The Dawn of Eurasia: On the Trail of the New World Order. He lives in Beijing.
‘This is a remarkably insightful and comprehensive review of China’s Belt and Road Initiative, with all its implications for economic development as well as for the reshaping of the global order. America and Europe: take note! This is essential reading for us all.’ — Stephen Green, former chairman of HSBC, chair of Asia House, London
‘This book shows the impressive and ambitious planning of a project that would redraw the map of the global economy to put China at the centre with a transnational industrial strategy of value chain dominance.’ — Kori Schake, Deputy-Director General of the International Institute of Strategic Studies and author of Safe Passage
‘Bruno Macaes writes with great felicity on the expansive Chinese effort to transform the global order. His insights capture a critical moment in the evolution of world politics.’ — C. Raja Mohan, Director, Institute of South Asian Studies, National University of Singapore
‘Bruno Macaes describes a changing world order with great verve and clarity. Belt and Road is a vital compass for this change, describing how the formation of ‘Eurasia’ and the creation of world changing trading routes reset the allocation of economic and political influence.’ — Paschal Donohoe TD, Minister for Finance, Public Expenditure and Reform, Ireland