APEC Summit

Towards Multipolarity

Print edition : December 12, 2014

Chinese President Xi Jinping flanked by U.S. President Barack Obama and Russian President Vladimir Putin during a group photo of leaders of APEC at Yanqi Lake, north of Beijing, on November 11. Photo: GREG BAKER/AFP

Xi'ah, the starting point of the ancient Silk Road. China plans to pitch in $40 billion to revive the Silk Road to Europe. Photo: THE HINDU ARCHIVES

The bust of the Chinese mariner Zengh He on the premises of the Ming Tombs near Beijing. China plans to revive its maritime silk route. Photo: R. VIJAYA SANKAR

As China steps up its role as the global growth engine, the APEC summit in Beijing opens a new chapter in the geopolitical rivalry between the U.S. and a Sino-Russian alliance for domination of Eurasia.
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