Tag Archives: Shanghai

China launches ‘world’s longest’ train route: Cargo train from China to Spain.

Move over Trans-Siberian: China launches ‘world’s longest’ train route

The 82-wagon cargo train is expected to take 21 days to travel 6,200 miles, passing through six countries between China and Spain.

Dubbed Yixinou, the train left Yiwu, an industrial center less than 200 miles south of Shanghai, on Tuesday and is expected to reach Madrid in December after traversing Kazakhstan, Russia, Belarus, Poland, Germany, and France, reports the Local.se.

Read more » RT
See more » http://rt.com/news/207447-china-spain-longest-train/

Brics nations to create $100bn development bank

The leaders of the five Brics countries have signed a deal to create a new $100bn (£58.3bn) development bank and emergency reserve fund.

The Brics group is made up of Brazil, Russia, India, China and South Africa.

The capital for the bank will be split equally among the five participating countries.

The bank will have a headquarters in Shanghai, China and the first president for the bank will come from India.

Brazil’s President, Dilma Rousseff, announced the creation of the bank at a Brics summit meeting in Fortaleza, Brazil on Tuesday.

A new player

At first, the bank will start off with $50bn in initial capital.

The emergency reserve fund – which was announced as a “Contingency Reserve Arrangement” – will also have $100bn, and will help developing nations avoid “short-term liquidity pressures, promote further Brics cooperation, strengthen the global financial safety net and complement existing international arrangements”.

The creation of the Brics bank will almost surely create competition for both the World Bank and other similar regional funds.

Brics nations have criticised the World Bank and the International Monetary Fund for not giving developing nations enough voting rights.

One of the goals for the bank – whose creation has been discussed for some time – would be to increase the amount of money loaned to developing countries to help with infrastructure projects.

Courtesy: BBC
http://www.bbc.com/news/business-28317555

Pakistan: Lahore Orange Line Metro train

Lahore Orange Line Metro train project signed with Chinese company

By Usman Khan

SHANGHAI: Chief Minister Punjab Mia Muhammad Shahbaz Sharif on Thursday have signed Lahore Metro train project with Chinese company.

Shahbaz Sharif signed the contract with the Chairman of the Chinese National Development Reforms Commission in Shanghai.

Read more » The News Tribe
http://www.thenewstribe.com/2014/05/22/lahore-orange-line-metro-train-project-signed-with-chinese-company/

Russia-China deal: Even energy pivots East

By Patrick L Young

The thing about globalization is that it involves the whole world. Hence Russia exercises its option to pivot East when faced with an obdurate West.

Bubbles share a core attitude of mind: complete incapacity to recognize that the real world may not correspond to your immediate surroundings. Thus investors become absorbed by manias from tulip bulbs to the South Sea, the internet et al, and fail to realize that ‘asset’ values have fundamentally decoupled from reality.

Read more » http://rt.com/op-edge/160212-russia-china-gas-deal-east/

Chinese train is faster than an American airliner

By Raphael Orlove

Yesterday, China’s state press outlets unveiled the CRH500, a new challenger to the record for conventional-wheeled high-speed trains. Its target is to break 310.7 miles per hour (500kph), which would make it as fast as the regional planes that have been flying everyone home for the holidays.P

The 310.7 mph record is faster than the 304 mph max cruising speed of the Candian-built and commonly America-used Bombardier Dash 8 (100 Series), a popular regional plane with over 90 individual airline companies flying over one thousand of them all around the world. US Airways flies Bombardier Dash 8s regularly and if you flew a small plane this year, there’s a chance that you were on a Bombardier.P

Car News China reports that this one-off test train is “the first of a new series real-world trains from manufacturer CSR Sifang Locomotive.” So we can expect to find these things racing between Beijing and Shanghai as fast as the little planes that serve as America’s high-speed intercity transportation.

Courtesy: JALOPINK
http://jalopnik.com/5871364/this-chinese-train-is-faster-than-an-american-airliner

Stalin-Mao roles reversed as Putin visits China seeking investment

Stalin-Mao Roles Reverse as Putin Courts China Investment

By Stepan Kravchenko and Henry Meyer

China, which relied on Soviet aid during the era of Joseph Stalinand Mao Zedong, has turned the tables as Russian PresidentVladimir Putin visits Shanghai.

The Russian leader starts a two-day visit to China today, seeking to complete an agreement on natural gas supplies to the world’s second-largest economy, held up for more than a decade because of a debate over the price. The contract is “nearly finalized,” Putin told Chinese media in aninterview published yesterday.

Putin is looking to cement ties with China as the conflict in Ukraine alienates him from the U.S. and its European allies. The relationship with China, Russia’s biggest trading partner after the two-way volume surged sevenfold in the past decade to $94 billion last year, is becoming even more important as escalating sanctions threaten to tip the economy into recession.

“As Russia’s relations with the West deteriorate, its ties with China will need to grow stronger,” Dmitri Trenin, director of the Carnegie Moscow Center, said by e-mail. “Beijing, rather than Moscow, will be the senior power.”

That role reversal is underscored by the disparity of the two countries’ economic development during the past 35 years. In 1979, as Deng Xiaoping started an economic overhaul, China’s output was 40 percent of the Soviet Russian Republic’s — the present-day Russian Federation, according to astudy published this year by the Center for European Reform. By 2010, China’s economy had become four times the size of Russia’s, it said.

Read more » Bloomberg
http://www.bloomberg.com/news/2014-05-19/stalin-mao-roles-reverse-as-cold-shouldered-putin-courts-chinese.html

3D printer used to build 10 homes in one day in China

Say what you will, but the Chinese are clearly the fastest builders in the world, though sometimes quick haste makes to waste. A while ago, I wrote about how a Chinese company wants to build the tallest skyscraper in the world in just 90 days. Really crazy stuff, but now another Chinese company, with many years of experience working with 3D printers, plan to revolutionize the way fast constructions are being made. To demonstrate their concept, the Suzhou-based construction materials firm Winsun built 10 homes, albeit modest looking, in only a day using a massive, specially design 3D printer.

Read more at http://www.zmescience.com/ecology/green-living/3d-printer-10-homes-builds-china-5436543/#aFoL2kb4bQfP7kEm.99

Israel to Assad: air strikes did not aim to help Syria rebels

By Dan Williams

JERUSALEM : (Reuters) – Israel sought to persuade Syrian President Bashar al-Assad on Monday that recent air strikes around Damascus did not aim to weaken him in the face of a two-year rebellion, and played down the prospects of an escalation.

“There are no winds of war,” Yair Golan, the general commanding Israeli forces on the Syrian and Lebanese fronts, told reporters while out jogging with troops.

“Do you see tension? There is no tension. Do I look tense to you?” he said, according to the Maariv NRG news website.

Intelligence sources said Israel attacked Iranian-supplied missiles stored near the Syrian capital on Friday and Sunday as they awaited transport to Assad’s Lebanese guerrilla ally Hezbollah.

Israel has repeatedly warned it will not let high-tech weaponry get to Iranian-backed Hezbollah, with which it fought an inconclusive war in 2006.

Damascus accused Israel of belligerence meant to support outgunned anti-Assad rebels. The air strikes were tantamount to a “declaration of war”, it said, and threatened unspecified retaliation.

Veteran Israeli lawmaker Tzachi Hanegbi, a confidant of Prime Minister Benjamin Netanyahu, said on Monday that Israel did not want to clash with Assad.

Interviewed on Israel Radio, Hanegbi said the Netanyahu government aimed to avoid “an increase in tension with Syria by making clear that if there is activity, it is only against Hezbollah, not against the Syrian regime”.

Israel is reluctant to take sides in Syria’s civil war for fear its actions would boost Islamists who are even more hostile to it than the Assad family, which has maintained a stable stand off with the Jewish state for decades.

Hanegbi said Israel had not formally acknowledged carrying out the raids in an effort to allow Assad to save face, adding that Netanyahu began a scheduled week-long trip to China on Sunday to signal the sense of business as usual.

The Israel prime minister did not comment about Syria during a visit to Shanghai on Monday.

“DIPLOMATIC CHANNELS”

Yedioth Ahronoth, Israel’s biggest-selling newspaper, said the Netanyahu government had informed Assad through diplomatic channels that it did not intend to meddle in Syria’s civil war.

Continue reading Israel to Assad: air strikes did not aim to help Syria rebels

Chinese company places dome on Pakistan’s Chasma 3 Nuclear Reactor

The first of two reactors being constructed in the Punjab region of Pakistan by Chinese companies has passed a significant milestone with the emplacement of its dome.

The operation to fit the dome was completed on 6 March, China’s State Nuclear Power Technology Company (SNPTC) reported. Two 340 MWe pressurised water reactors (PWRs) are under construction at the site, which has China Zhongyuan Engineering as the general contractor and China Nuclear Industry No.5 Construction Company as installer. The reactor design was provided by the Shanghai Nuclear Engineering and Research Design Institute.

Chashma 3 and Chashma 4 are expected to begin commercial operation in 2016 and 2017 respectively, although SNPTC said that the unit 3 dome lift was carried out ahead of schedule. The new units will add to the generation already provided by Chashma 1 and 2 – 300 MWe PWRs also supplied by China. Only one other power reactor operates in the country, a 125 MWe pressurised heavy water reactor at Karachi (Kanupp). All units are owned and operated by the state-owned Pakistan Atomic Energy Commission.

Continue reading Chinese company places dome on Pakistan’s Chasma 3 Nuclear Reactor

Chinese Navy Gets Stealth Frigate Amid Broader Military Advance

By Bloomberg News

China’s navy received the first of its new frigate line as part of a military modernization campaign, the People’s Liberation Daily said, amid a dispute with Japan over East China Sea islands claimed by both sides.

The frigate, delivered in Shanghai yesterday, has stealth capabilities, will be responsible for patrol escort, and can carry out anti-submarine warfare, the PLA Daily said. Admiral Wu Shengli, a member of the Central Military Commission, attended the ceremony. ….

Read more » Bloomberg
Link » http://www.bloomberg.com/news/2013-02-26/chinese-navy-gets-stealth-frigate-amid-broader-military-advance.html

China executes Pakistani man on drugs charges

China has executed a Pakistani man, Zahid Husain Shah, despite last-ditch appeals for clemency, his family says.

Mr Shah, 35, was arrested in 2008 and was convicted last year of drug smuggling. He was put to death by lethal injection in Shanghai on Wednesday morning.

Human rights groups had called on Beijing to stop the execution and urged Islamabad to take up appeals on his behalf. There was no comment from either government.

Relatives were allowed one last meeting with Mr Husain at Shanghai Detention Centre on Wednesday morning.

His cousin, Tasneem Fatima, told the BBC the family expects to travel back to Pakistan later this week, once his body has been returned to them. The last thing he told her was that he was innocent, she said.

Four other Pakistanis arrested with Mr Shah were sentenced to life imprisonment. According to Mr Husain’s relatives, he was framed for a crime he did not commit.

“Executing someone for drug-related offences violates internationally accepted standards for imposing the death penalty,” said Sam Zarifi, Amnesty International’s Asia-Pacific director.

The human rights group argues that no-one sentenced to death receives a fair trial in China, where thousands of executions for drug trafficking take place every year, more than the rest of the world combined.

Courtesy: → BBC

The New Great Game: Afpak, blood, & oil in central Asia

The New Great Game

The New Great Game is a term used to describe the conceptualization of modern geopolitics in Central Eurasia as a competition between the United States, the United Kingdom and other NATO countries against Russia, the People’s Republic of China and other Shanghai Cooperation Organisation countries for “influence, power, hegemony and profits in Central Asia and the Transcaucasus“. It is a reference to “The Great Game“, the political rivalry between the British and Russian Empires in Central Asia during the 19th century.

Many authors and analysts view this new “game” as centering around regional petroleum politics. Now, instead of competing for actual control over a geographic area, “pipelines, tanker routes, petroleum consortiums, and contracts are the prizes of the new Great Game”.The term has become prevalent throughout the literature about the region, appearing in book titles, academic journals, news articles, and government reports.[3] Pakistani author Ahmed Rashid claims he coined the term in a self-described “seminal” magazine article published in 1997, however uses of the term can be found prior to the publication of his article.

In a leaked US Embassy cable released by WikiLeaks, it was reported that Prince Andrew, Duke of York, supports the concept of a New Great Game:

Addressing the Ambassador directly, Prince Andrew then turned to regional politics. He stated baldly that “the United Kingdom, Western Europe (and by extension you Americans too”) were now back in the thick of playing the Great Game. More animated than ever, he stated cockily: “And this time we aim to win!

Courtesy: wikipedia