Pax Sinica: “Participation in The Dialogue with the World: Eurasia 2025”, by MIFUNE Emi
To answer the question "what is happening in Eurasia?" the simply put conclusion is that China is restructuring the international order by utilizing "One Belt One Road" (OBOR), aiming to achieve Pax Sinica. Many mass media in Japan love to introduce this OBOR as an economic initiative. The economic aspect, however, is just a part of the OBOR.
Mr. Xi Jinping of China has iterated that OBOR goes from "the country-to-country community of common destiny" to "the regional community of common destiny," and even further to "the community of common destiny for mankind," uniting the development of China and the countries on the route. OBOR is an initiative to form a China-led international order, in another words "the community of common destiny for mankind," therefore it pursuits the world order of Pax Sinica.
What China is promoting through OBOR are, first of all, to build "Five Cooperation Priorities" which are (1) policy coordination, (2) facilities connectivity, (3) unimpeded trade, (4) financial integrity, and (5) people-to-people bond. OBOR is an initiative of building China-led global governance through forming of the connectivity that comes with the joint construction of the economic corridor.