It will be shaped in large measure by what happens under China's Silk Road initiatives and in the institutions China is organizing to support them. It is not taken seriously by many within the Beltway. One trunk route is to go through Southeast Asia to Singapore. It has learned a lot about how to build things that boost transportation and communications efficiency. Now, as then, there are lots of China specialists who dismiss China's aspirations as unlikely to produce much. A large part of the work on these projects – as much as 70 percent, if past practice is a useful guide, but far from all of the work – will be done by Chinese companies. Nations and financial institutions that collaborate in these initiatives will be in a position to shape them and the reformed international financial system they constitute. Here on the New Statesman’s international team, US editor Emily Tamkin reports on China as a factor in the presidential election campaign. [CDATA[/* >
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