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Hugh White, professor of strategic studies at Australian National University

Updated: Apr 20,2015 3:34 PM     China Daily

It makes perfect sense for China, with its huge financial reserves and expertise in infrastructure development, to take the lead in this area.

“Economic growth in Asia and around the world has been strongly powered by China’s economic rise over recent decades, and the same should remain true in the future, even at lower rates of Chinese economic growth.”

“But this requires immense investment in infrastructure of all kinds, including transportation and distribution networks. The Silk Road initiatives are central to this, and therefore central also to realizing the economic potential of China’s economic partners, near and far.”