A massive infrastructure push is underway across Asia. The region’s infrastructure market could grow by 8 percent annually over the next decade, rising to nearly 60 percent of the global total. All told, the region’s infrastructure needs are estimated to exceed $1 trillion annually. China’s “One Belt, One Road” (OBOR) initiative is at the center of this push. Estimates vary, but all point toward an ambitious endeavor. Geographically, OBOR could span 65 countries responsible for roughly 70 percent of the world’s population. Economically, it could include Chinese investments approaching $4 trillion.
In this article on the development of the energy, business and military nexus of the Arctic by Russia, the Red (Team) Analysis Society studies how the Russian Arctic is becoming a new crucial business and strategic “centre” in the world, through the creation of numerous energy and infrastructure projects and operations, which attract Chinese companies (Jean-Michel Valantin, “Russian Arctic Oil: a New Economic and Security Paradigm?”,The Red (Team) Analysis Society, October 12, 2016). Read full post.