Tag Archives: Maritime Silk Road

Chinese president to visit Pakistan, hammer out $46-billion deal

By REUTERS | MATEEN HAIDER

ISLAMABAD: Chinese President Xi Jinping will launch energy and infrastructure projects worth $46 billion on a visit to Pakistan next week as China cements links with its old ally and generates opportunities for firms hit by slack growth at home.

Also being finalised is a long-discussed plan to sell Pakistan eight Chinese submarines. The deal, worth between $4 billion and $5 billion, according to media reports, may be among those signed on the trip.

Know more: Pakistan to buy eight submarines from China.

Xi will visit next Monday and Tuesday, Pakistan’s foreign office said.

“China treats us as a friend, an ally, a partner and above all an equal – not how the Americans and others do,” said Mushahid Hussain Syed, chairman of the parliament’s defence committee.

Pakistan and China often boast of being “iron brothers” and two-way trade grew to $10 billion last year from $4 billion in 2007, Pakistani data shows.

Xi’s trip is expected to focus on a Pakistan-China Economic Corridor, a planned $46-billion network of roads, railways and energy projects linking Pakistan’s deepwater Gwadar port on the Arabian Sea with China’s far-western Xinjiang region.

It would shorten the route for China’s energy imports, bypassing the Straits of Malacca between Malaysia and Indonesia, a bottleneck at risk of blockade in wartime.

If the submarine deal is signed, China may also offer Pakistan concessions on building a refuelling and mechanical station in Gwadar, a defence analyst said.

China’s own submarines could use the station to extend their range in the Indian Ocean.

“China is thinking in terms of a maritime silk road now, something to connect the Indian Ocean and Pacific Ocean,” said a Pakistani defence official, who declined to be identified.

For Pakistan, the corridor is a cheap way to develop its violence-plagued and poverty-stricken Balochistan province, home to Gwadar.

China has promised to invest about $34 billion in energy projects and nearly $12 billion in infrastructure.

Xi is also likely to raise fears that Muslim separatists from Xinjiang are linking up with Pakistani militants, and he could also push for closer efforts for a more stable Afghanistan.

Earlier, the Foreign Office (FO) on Thursday announced that Chinese President Xi Jinping will be visiting Pakistan from April 20 to April 21 on a two-day state visit.

“I can confirm that the Chinese president will be visiting Pakistan from April 20 to 21,” FO spokesperson Tasneem Aslam said during a weekly media briefing in Pakistan.

Continue reading Chinese president to visit Pakistan, hammer out $46-billion deal

China may build an undersea train to America

BY ISHAAN THAROOR

China is planning to build a train line that would, in theory, connect Beijing to the United States. According to a report in the Beijing Times, citing an expert at the Chinese Academy of Engineering, Chinese officials are considering a route that would start in the country’s northeast, thread through eastern Siberia and cross the Bering Strait via a 125-mile long underwater tunnel into Alaska.

“Right now we’re already in discussions. Russia has already been thinking about this for many years,” says Wang Mengshu, the engineer cited in the article. The proposed“China-Russia-Canada-America” line would be some 8,000 miles long, 1,800 miles longer than the Trans-Siberian railroad. The tunnel that the Chinese would help bore beneath the icy seas would be four times the length of what traverses the English Channel.

That’s reason enough to be skeptical of the project, of which there are few details beyond what was attributed to the one official cited by the state-run Beijing Times. Meanwhile, a report in the state-run China Daily insists the country does have the technology and means to complete a construction project of this scale, including another tunnel that would link the Chinese province of Fujian with nearby Taiwan.

In the past half decade or so, China has embarked on an astonishing rail construction spree, laying down tens of thousands of miles tracks and launching myriad high-speed lines. It has signaled its intent to build a “New Silk Road” — a heavy-duty freight network through Central Asia that would connect with Europe via rail rather than the old caravans that once bridged West and East. A map that appeared on Xinhua’s news site outlines the route below, alongside a parallel vision for a “maritime Silk Road.”

Read more » THE WASHINGTON POST
http://www.washingtonpost.com/blogs/worldviews/wp/2014/05/09/china-may-build-an-undersea-train-to-america/?hpid=z4