Co-organized with the Mr. and Mrs. S. H. Wong Center for the Study of Multinational Corporations
First proposed by President Xi Jinping in Indonesia in 2013, China’s Maritime Silk Road Initiative (MSRI) aims to finance and build infrastructure—roads and railroads, ports and pipelines, power grids and telecom networks—that will link China southwestward through Southeast Asia and on across the Indian Ocean, the Red Sea, and the Mediterranean to Europe. In the near term, the initiative may unfold fairly smoothly to the benefit of China’s economic and political stature and influence. In the longer run, however, the success of the project may limit or even undercut China’s gains. Capitalizing on American withdrawal from global leadership, Beijing wants the MSRI and its sister scheme—the Silk Road Economic Belt—to lay the sea-and-ground-work for a new Asian-Indo-Pacific order that China would launch and manage. But will China be able to supplant US power and articulate the values necessary to underwrite this new order? Professors Blanchard and Zhao will explore this and other questions raised by the MSRI. Stanford’s Don Emmerson will moderate their discussion within the panel and with the audience.