China, America and the new Great Game (opens the source in a new tab)
- Rana Foroohar likens the US-China rivalry to the 19th-century Britain-Russia Great Game: decades of moves, not one war.
- China owns 60% of Peru’s Chancay megaport, and almost half the leading container ports outside China have some Chinese ownership or operations.
- Her verdict: outside nations such as India, Japan, Canada, the Gulf states and the EU may decide the outcome.
- ~Half
- top ports with Chinese stake
- 60%
- China’s stake, Chancay port
Why it matters India is a swing player in this contest, not a bystander.
Other side She concedes the US still has the reserve currency, the richest tech firms and free sea lanes; there may be no single winner.