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Monday 27 July 2015

The Rise of The Red Empire- Regional Impacts

In a world infested with agenda driven corporate media shaping opinions and perceptions, it is extremely difficult to see through the maze of info-wars. The global population in general are highly influenced by and believe the propaganda created through each individual corporate media, having no direct access to ground realities. An example may be the most recent media reporting of the Chinese stock market crash of 2015. The western media machinery raised red flags professing an end of Chinese dominance in global economy. Whereas, on ground within a week of the stock market crash the Chinese government moved swiftly to secure the public interest by banning the sale of "short stocks" by both corporations and wealthy businessmen. Not only did the stock market recover in no time proving the resilience of the Chinese economy, but China posted 7% growth in its economy rite in the face of failed western capitalist economic order.  This was only possible under the Chinese system of governance which levies checks and balances on the manipulation of the "invisible hands" of global capitalism. The global economic initiatives by China such as BRICS bank and AIIB(Asian Infrastructure Development Bank)  are the Chinese reply to the US/Western bloc controlled global monetary systems like the IMF and the World Bank. The political economy of Eurasia is being taken over by he Chinese with their partners of SCO. The future of global economy lies in the Asia Pacific where infrastructure gap is the major expedient to an economic rise of the region. Chinese infrastructure investments in Asia linking it with Europe through Russia(New Silk Route) is buying them direct influence in the biggest region/economic hub of the world. The Chinese military maneuvers at the South China sea in direct defiance of the global policeman USA is a challenge to the existing "world order" thrown by China which is supported by powerful regional countries.

 The "Red Empire" is rising out of its ashes under "Xi DaDa". The resolve shown by President Xi Jingping of China affectionately who is called "Xi DaDa" by cracking down on rampant corruption in China is unmatched. He's purging his own house out of internal infestation of corruption which disillusioned the majority of Chinese driven by the philosophies of Mao Zedong and Deng Xiaoping. "Xi DaDa" has been able to revive the Chinese public faith in the communist system which drives this mega billions of money generating global factory owned by the Chinese state in majority. Under Xi's inspirational and popular leadership which has the Chinese public mandate almost comparable to Chairman Mao, China is pushing fast and yet succeeding in diversifying its economy. The political strategic influence China is currently projecting essentially in Eurasia and Africa is unprecedented and mostly unchecked. Unlike the US led western political economic model based on false and fabricated reporting and controlled by the "invisible hands" of the capitalist order, the Chinese model is based on ground realities and "Real Deals" benefiting the common lives of related populace. While the right of ownership and property is effectively secured in the Chinese economic order, culprits responsible of harming public interests through personal greed are awarded capital punishments by the state. The resilience of the Chinese economy is based on the efficacy of the Chinese Communist Party to control all the actors of Chinese state power and not letting the "free market economy" play havoc with the Chinese public funds unlike rest of he world in particular western economies.



China in association with Russia, Central Asian Republics and Pakistan has embarked upon an adventure in Eurasia which is both brave and farsighted. The resolve of all these partners is for real and evident on ground. The Chinese finances coupled with the mass resolution of all the various countries mentioned above is shaping the future of Eurasia and Asia pacific. The rest of the world will be forced to join in to stay relevant. It's as simple as that, as the British told their US cousins while welcoming and joining on board with the newly found Chinese economic order.

The impact of the "Rise of The Red Empire" will be more direct on partner states and would generally benefit complete Asia Pacific with progress on the Chinese infrastructure investments on ground. The Chinese economic order is looking to develop the complete region economically it is investing in. This will in turn provide substantial strength to China and its economy providing lasting economic stability and promoting regional peace. This model based on investments in visible development projects has got a quick impact on buying political goodwill in client states while providing strength and resilience to their economies.

The Chinese are taking a particular interest in the security of their mega investments in Eurasia in partnership with the relevant regional players governing the respective security regimes. Pakistan is taking on the first phase of the "New Silk Route" project linking mainland China with South Asia and Middle East. Pakistan Army being the strongest stake holder in Pakistani power dynamics is directly involved in the construction of China Pakistan Economic Corridor(CPEC). Most recently the Pakistani Army Chief visiting the under-construction CPEC site made a statement ,"The Army is ready to pay any cost for making CPEC". The statement  came after the completion of 502 Km of CPEC by the Army's civil engineering wing (FWO). This 502 Km road is part of 870 Km road, FWO is constructing to connect the strategic Gawader deep sea port with Indus Highway at Chaman (Pakistani border town with Afghnistan). The road would become part of the western alignment of CPEC. So far, FWO has lost six military personal and ten civilian in 132 security related incidents since the start of work on the project in March 2014. This explains the statement quoted above by the Pakistani Army Chief while the Pakistan Army is rolling out 10,000 strong special security force specifically for the CPEC. The forces opposing this development are essentially funded by the arch rival Indians who are leading an international smear campaign against the CPEC. Both the Chinese and their Pakistani partners are in no mood to budge down to these Indian bullying tactics. The resolve to proceed and complete the mega project with secure transit routes is unprecedented within Pakistan and China.


BONUS READ :- http://whatholdsthefuture.blogspot.com/2015/05/china-pakistan-economic-corridor-cpec.html

 The same resolve is being displayed by all the various partner countries and their major stake holders regards the success of the Chinese economic order piloted through Xi's "New Silk Route" project. This extraordinary resolve based on the common economic benefits not only contributes to the "Rise of the Red Empire" but also greatly benefits the region through promoting commerce via much accessible land routes. The Shanghai Cooperation Organization (SCO) is fast forwarding towards the establishment of NATO like security bloc challenging the western world order. The massive economic benefits of a Chinese driven Asian pacific region would force the Asian rivals to Chinese rise such as Japan to join hands with the SCO overlooking political fault lines. The modern world economy is driven through economic prowess gained through global interdependence. Those who wish to stay relevant and compete in the global market economy needs to join hands with China in its drive to bridge the infrastructure gap at the Asian pacific for global economy to flourish. Peaceful coexistence while allowing the "Rise of The Red Empire" for the benefit of global economy in general and that of Asia pacific in particular is the need of the hour. This realization is widespread and opposition will die down with the progress on ground related to the Chinese economic order. The world is changing fast. The Red Empire is finally flexing her muscles, but in the right manner...                      

                   



         

2 comments:

  1. I pray for success of cpec and associated projects few of which are also in private power sector. however pakistan's negotiating capacity on key issues would be of paramount importance to avoid erosion of long term strategic objectives especially security (both in energy and defense) and economic upheaval. an informative article indeed.

    ReplyDelete
  2. I pray for success of cpec and associated projects few of which are also in private power sector. however pakistan's negotiating capacity on key issues would be of paramount importance to avoid erosion of long term strategic objectives especially security (both in energy and defense) and economic upheaval. an informative article indeed.

    ReplyDelete