Economist – New Silk Roads

Since the Silk Road fell into disuse six centuries ago, Asian commerce has been carried not by land but by sea along coasts and island chains, first on monsoon winds and now in the holds of diesel ships. The story of Asia’s post-war miracle is above all a maritime one…The miracle is inconceivable without the ship-borne container…The broad lines of Asian security mirror this watery theme. Since the Pacific War of 1941-45, the United States has enforced a Pax Americana through naval strength and a perimeter of island allies, from Australia to Japan. If American dominance is challenged, it will be at sea. The rise of China and India as military powers has been marked by a large increase in their navies…But Anthony Bubalo and Malcolm Cook of the Lowy Institute in Sydney argue in The American Interest that such a perspective is bumping up against the limits of usefulness.