The new trade routes can alter the power equation in Asia
The entire trade route of Asia seems to be undergoing a major overhaul. Almost every Asian nation, including China, India, Japan, South Korea, Taiwan, Singapore and many other similar economies are banking upon their maritime and sea-routes (containers and ship fleets) to boost their trade and dominate the trade routes. Add to this, the rise in the naval strength of countries like China, India, Japan and Korea to fortify their presence on the vast spread of water.
However, beside these conventional trade routes, new and strategic trade routes are also being chalked out by countries to bend the rules of international trade and eventually the power equation in the region. Numerous gas and oil pipelines are already crisscrossing Central Asia. A 7,000 km long Turkmenistan–China natural gas pipeline is already meeting energy demands in China and is also allowing Turkmenistan to diversify its energy-export clients beside Russia and Iran. Similarly, other projects like Kazakhstan–China direct oil pipeline, Iran-Pakistan project — to name a few — are under construction. Even the cross-country road connectivity is being designed. India is actively refurbishing roads in Afghanistan while China is connecting Myanmar with road networks. Myanmar has also proposed to expand a planned road project with Bangladesh to link China in a tri-nation network which is believed to boost multilateral trade and will also allow them to check the on-going smuggling and illegal crossings. In the same lines, countries are also designing and re-designing rail routes. China already has rail routes in Tibet and is planning to expand it to Nepal, Bangladesh and Bhutan. China is also planning to build a high-speed railway network across Asia and Europe through Central Asia, thus connecting 17 countries (linking China with Singapore, Germany, Europe and Russia). This is predicted to not only strengthen its trade and economy but will also allow China to fortify its regional and global integration goals, especially in Central Asia. China is also building a new airport near Mt Everest, which will make easier for the passengers to travel to the Himalayan Kingdom and also to make Chinese presence around Tibet quite apparent.
The entire trade route of Asia seems to be undergoing a major overhaul. Almost every Asian nation, including China, India, Japan, South Korea, Taiwan, Singapore and many other similar economies are banking upon their maritime and sea-routes (containers and ship fleets) to boost their trade and dominate the trade routes. Add to this, the rise in the naval strength of countries like China, India, Japan and Korea to fortify their presence on the vast spread of water.
However, beside these conventional trade routes, new and strategic trade routes are also being chalked out by countries to bend the rules of international trade and eventually the power equation in the region. Numerous gas and oil pipelines are already crisscrossing Central Asia. A 7,000 km long Turkmenistan–China natural gas pipeline is already meeting energy demands in China and is also allowing Turkmenistan to diversify its energy-export clients beside Russia and Iran. Similarly, other projects like Kazakhstan–China direct oil pipeline, Iran-Pakistan project — to name a few — are under construction. Even the cross-country road connectivity is being designed. India is actively refurbishing roads in Afghanistan while China is connecting Myanmar with road networks. Myanmar has also proposed to expand a planned road project with Bangladesh to link China in a tri-nation network which is believed to boost multilateral trade and will also allow them to check the on-going smuggling and illegal crossings. In the same lines, countries are also designing and re-designing rail routes. China already has rail routes in Tibet and is planning to expand it to Nepal, Bangladesh and Bhutan. China is also planning to build a high-speed railway network across Asia and Europe through Central Asia, thus connecting 17 countries (linking China with Singapore, Germany, Europe and Russia). This is predicted to not only strengthen its trade and economy but will also allow China to fortify its regional and global integration goals, especially in Central Asia. China is also building a new airport near Mt Everest, which will make easier for the passengers to travel to the Himalayan Kingdom and also to make Chinese presence around Tibet quite apparent.
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