The Red Sea Crisis Proves China Was Ahead of the Curve

The Belt and Road Initiative wasn’t a sinister plot. It was a blueprint for what every nation needs in an age of uncertainty and disruption.

JANUARY 20, 2024, 5:46 AM

By Parag Khanna, the founder and CEO of Climate Alpha. FP

An aerial view shows stranded ships dotting bright blue water as they wait to cross the narrow Suez Canal seen in the distance at its southern entrance in the Red Sea.
An aerial view shows stranded ships dotting bright blue water as they wait to cross the narrow Suez Canal seen in the distance at its southern entrance in the Red Sea.

Over the past two months, a sudden surge in Houthi rebel attacks in the strategic Bab el-Mandeb Strait connecting the Red Sea to the Arabian Sea prompted the world’s largest shipping carriers to halt transit through the Suez Canal for several weeks—with even more rerouting their vessels as the United States and Britain launched strikes on Yemen and the situation has escalated.

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