Eurasia

Eurasia: The World's Largest Market Emerges

Forbes

It is happening subtly but its impact could potentially alter the geopolitical and economic balance of the world: Eurasia, as a contiguous continent stretching from the west of Europe to the eastern coast of China, is slowly being drawn together into a massive market covering 70% of the world’s population, 75% of energy resources, and 70% of GDP. Driving this enhanced concept of an interconnected Eurasia is something that has been haphazardly dubbed the New Silk Road — the modern interpretation of the ancient trade routes, transshipment hubs, and economic corridors that once spanned Europe and Asia — which has been emerging over the past fifteen years. This growing network received a large boost in 2013 when Chinese President Xi Jinping formalized his country’s enhanced participation in it — which included a trillion+ dollars of funding and the political will and direction to actually make the colossal project come together. “Because of the New Silk Road concept, more and more people have started using the term Eurasia,” said Karl Gheysen, the former-CEO of the Khorgos Gateway dry port on the Kazakh/ China border. ...

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