There is no end of history. Francis Fukuyama’s famous claim has turned into quite the opposite. Today, liberal democracies and the Western concept of international order are being permanently challenged by an increase in political and economic crises, global and local dissent with established mechanisms of international affairs, and other political ideologies. These challenges increase the leverage of newly emerging actors such as China to push forward alternative ideas of international order.
Among all the different Chinese foreign policy initiatives announced by President Xi Jinping, China’s “One Belt, One Road” initiative clearly stands out. It is by far … (to read more)