They pointed to the fact that even Japan and the United States, which were wary of China’s BRI, had sent representatives to the Beijing conference. During his first term as prime minister, Abe visited India in 2007 and in his address to Parliament talked about “confluence of the two seas”. He also revealed that the US has begun consultations with other countries in the region about providing alternative financial mechanisms to China’s BRI. One is to press ahead vigorously with the large number of infrastructure projects that it has undertaken with its own resources in the Subcontinent and the Indian Ocean. Offering an alternative to China’s BRI is not about a zero-sum rivalry with Beijing.

Source: Indian Express October 25, 2017 19:11 UTC