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Can the Asian Infrastructure Investment Bank limit South China Sea pressure?

By Stewart Taggart - posted Thursday, 16 June 2016


Joint infrastructure in the region serving joint development areas would represent a crucial first piece of China’s own proposed One Belt, One Road concept of deepening cross-border interconnections between Asia’s economies. 

Taking this a few steps further State Grid Corp of China, China’s electricity power line state champion, envisages a global electricity grid by 2050. That idea isn’t far-fetched at all. 

Reaching agreement on core elements of such networks in the next 10 years can put the world economy on the kind of multi-decade economic trajectory that can increase wealth, pay the future income streams to fund aging global populations and solve climate change.

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What’s needed is to get global institutions and the world’s countries in greater alignment. 

They can start in the South China Sea.

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About the Author

Stewart Taggart is principal of Grenatec, a non-profit research organizing studying the viability of a Pan-Asian Energy Infrastructure. A former journalist, he is co-founder of the DESERTEC Foundation, which advocates a similar network to bring North African solar energy to Europe.

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All articles by Stewart Taggart

Creative Commons LicenseThis work is licensed under a Creative Commons License.

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