Subject: CSIS Publication | The Role of U.S. Soft-Infrastructure in Reconnecting Asia
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Date: Fri, 18 Nov 2016 14:03:57 +0000
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New CSIS Commentary | The Role of U.S. Soft-Infrastructure in Influencing the Reconnecting of Asia
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** Commentary
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** The Role of U.S. Soft-Infrastructure in Influencing the Reconnecting of Asia
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** BY DANIEL F. RUNDE AND AARON MILNER
NOVEMBER 16, 2016
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In October, CSIS launched its Reconnecting Asia project (https://reconnectingasia.csis.org/?utm_source=CSIS+All&utm_campaign=1e7c2bad15-EMAIL_CAMPAIGN_2016_11_17&utm_medium=email&utm_term=0_f326fc46b6-1e7c2bad15-145367789) , which seeks to track the various initiatives by China, Russia, Japan, South Korea, and other growing Asian powers to reconnect Asia and Europe via old trade routes. These modern-day Silk Roads will use highways, railroads, ports, bridges, and pipelines to reduce the travel time between the two continents. The best known of these initiatives is China’s “One Belt, One Road” in Central Asia. This is an ambitious undertaking across 43 countries that encompasses 69 percent of the global population and 60 percent of global gross domestic product (GDP). The efforts to reconnect Asia with Europe will be one of the biggest forces shaping the next 30 years, bringing new markets, people, and resources into the fabric of the global geopolitical landscape. If successful, it will revolutionize logistics and create trillions of dollars in economic value through increased trade and economic
activity.

The United States has approached China’s One Belt, One Road initiative with some misgivings. In addition to the initiative itself, China has launched a new multilateral bank—the Asian Infrastructure Investment Bank (AIIB). Some in Washington view this as a direct threat to the existing multilateral development banks, of which the United States is either the largest or second-largest shareholder. The U.S. government, however, needs to consider how it can engage constructively in reconnecting Asia. The United States should seek to ensure that the soft infrastructure undergirding a reconnected Asia will support open markets and open societies with an even playing field for U.S. goods and services.

** Read in full here (https://www.csis.org/analysis/role-us-soft-infrastructure-influencing-reconnecting-asia?utm_source=CSIS+All&utm_campaign=1e7c2bad15-EMAIL_CAMPAIGN_2016_11_17&utm_medium=email&utm_term=0_f326fc46b6-1e7c2bad15-145367789) .
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