Which
is the number one country in the world for transportation? Certainly not the United States. Not even countries in the EU. No, you have to look farther east, as Marco Polo did in 1271, to find the future… in China.
I’m
so tired of ignorant Americans chanting “we’re number one”, when we are
not. Not in healthcare, education and
clearly not when it comes to using transportation to bolster our world trade.
Compare
our crumbling interstate highway system, much of it built during the Eisenhower
administration, to China’s superhighways, twice the mileage of our own.
Or
look at our decaying railroads versus the 15,000 miles of high speed rail on
the Chinese mainland, making Amtrak’s Acela look like a toy train (145 mph vs.
220 mph, one train for 300 passengers per hour vs. China’s 1000 passenger
trains departing every 15 minutes).
We
keep hearing of the Trump administration’s plans for rebuilding our
infrastructure, but nothing ever comes of it. We
pay lip service to that crucial investment but never appropriate it as the
priority it should be.
Meanwhile,
China keeps spending $300 billion a year on its roads, rails and ports… much of
that money coming from bargain-loving American consumers. Crucially, part of
that investment is focusing overseas, creating a new Silk Road to markets in
Europe and Africa.
Beijing
has promised $8 trillion in loans to developing countries to build deep water
ports and rail terminals to service China’s 1000+ container ships delivering
its products overseas. Compare that to
the US’s merchant marine fleet, just 175 American owned vessels.
China
has invested heavily in the port city of Gwadar Pakistan, linked to western China by rail. And in the tiny African nation of Djibouti, positioned strategically
at the mouth of the Red Sea, China not only built and owns the super-port there
but has established its first overseas military base there with 400 troops.
Djibouti
itself is just a toe-hold in Africa, but the port is connected by a
Chinese-built railroad to nearby land-locked Ethiopia, one of the wealthier
countries in Africa and anxious to acquire Chinese-made products.
Of
course, China is only doing what other empire-building countries like Great
Britain and the US did in the past, issuing loans to countries that they’ll
never be able to repay while providing lucrative markets for their products…
kind of a lose-lose situation for the debtor markets. When Pakistan and Djibouti can’t repay those
Chinese loans, use your imagination to guess what they’ll have to give up
instead.
To
protect those Chinese-built ports and megaships, China’s People’s Liberation
Navy is enjoying rapid growth, soon to rival the US Navy’s capabilities in the
Pacific. By 2030 they will have 530 warships and submarines.
Even
the land route from China to Europe is being revived with rail. There are now three trains a day departing
the industrial and technology hub at Xian traveling Marco Polo’s old route west
through Kazakhstan, Azerbaijan and Georgia carrying containers filled with electronics and
textiles.
The transcontinental journey takes about two weeks but is cheaper than air and
faster than shipping. It’s not a bullet
train, just efficient low cost transportation through 60 countries with 5
billion potential customers.
So while the Trump
administration battles China with tariffs and empty rhetoric (like calling
COVID-19 “Kung Flu”), the Chinese leadership is playing the long game.
We are not only getting
outspent by Beijing, but outsmarted.
Posted with permission of Hearst CT Media