360° Coverage : China to build new Silk Road rail link to Pakistan

11 Updates

China to build new Silk Road rail link to Pakistan

Jul 1 2014, 7:16am CDT | by

Beijing, July 1 (IANS) China has allocated funds for building a railway line from the city Kashgar in northwestern Xinjiang Uygur autonomous region to Pakistan's deep-sea Gwadar Port on the Arabian Sea, local media reported.

Beijing, July 1 (IANS) China has allocated funds for building a railway line from the city Kashgar in northwestern Xinjiang Uygur autonomous region to Pakistan's deep-sea Gwadar Port on the Arabian...

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20 weeks ago

China to build new Silk Road rail link to Pakistan

Jul 1 2014, 7:16am CDT | by

Beijing, July 1 (IANS) China has allocated funds for building a railway line from the city Kashgar in northwestern Xinjiang Uygur autonomous region to Pakistan's deep-sea Gwadar Port on the Arabian Sea, local media reported.

Beijing, July 1 (IANS) China has allocated funds for building a railway line from the city Kashgar in northwestern Xinjiang Uygur autonomous region to Pakistan's deep-sea Gwadar Port on the Arabian Sea, local media reported.

"The 1,800-km China-Pakistan railway is planned to also pass through Pakistan's capital of Islamabad and Karachi," China Daily Monday quoted Zhang Chunlin, director of Xinjiang's regional development and reform commission, as saying last Thursday at the International Seminar on the Silk Road Economic Belt in Urumqi, Xinjiang's capital.

"Although the cost of constructing the railway is expected to be high due to the hostile environment and complicated geographic conditions, the study of the project has already started," Zhang said.

The railway line, which will pass through the Pamir Plateau and Karakoram Mountains, will be one of the hardest to build, Zhang said, adding that it will be the most vital transport infrastructures on the China-Pakistan corridor along China's newly proposed Silk Road Economic Belt.

"China and Pakistan will co-fund the railway construction. Building oil and gas pipelines between Gwadar Port and China is also on the agenda," Zhang said.

Control of Gwadar Port was given to China and an agreement was signed with China Overseas Ports Holding Co May 16, 2013, to transfer operational rights from the Port Authority of Singapore.

The move means China will now be able to run a port just opposite the Gulf of Oman, an important route for oil tankers.

The speed of road and railway construction in Xinjiang was significantly increased after September 2013, when President Xi Jinping raised the idea of the economic belt, Zhang said.

Xi proposed reviving the ancient trade routes connecting China, Central Asia and Europe.

The Chinese government has decided to develop three main corridors through southern, central and northern Xinjiang, which connects China with Russia, Europe and Pakistan.

Work is also due to begin soon on the long-planned China-Kyrgyzstan-Uzbekistan railway.

The region, which borders eight countries, also plans to open three new land ports to Kyrgyzstan, Kazakhstan and Russia.

"We will consider opening the ports to Afghanistan and India once social stability can be ensured. After all, openness is the foundation of boosting trade," Zhang said.

 
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2 weeks ago

China police detain workers demanding back pay in rare case of detentions in labour dispute

Nov 5 2014 3:22am CST | Source: Canadian Business Online

BEIJING, China – Activists say police in southern China have detained seven employees of a shoe factory amid a quarrel over back pay and benefits in a rare case of detentions in a labour dispute. Rights advocate Peng Jiayong said Wednesday that employees went to the Xinsheng shoe factory in Guangzhou on Monday after the local government promised a “satisfactory” solution to the dispute. They were met with about 200 hundred police officers who took away workers’ representatives. ...
Source: Canadian Business Online   Full article at: Canadian Business Online
 

 
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2 weeks ago

Anti-graft group: multinationals found lacking on transparency

Nov 5 2014 3:07am CST | Source: Canadian Business Online

BERLIN – A leading anti-graft organization has criticized globally operating companies for failing to disclose important information that might help combat corruption. Berlin-based Transparency International says it reviewed 124 of the world’s biggest publicly traded companies and found that 90 don’t disclose the taxes they pay abroad. In a report published Wednesday, the group says 54 of the companies examined provided no information at all on their revenues ...
Source: Canadian Business Online   Full article at: Canadian Business Online
 

 
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2 weeks ago

China factory whirs overtime to make Ebola suits

Nov 5 2014 2:07am CST | Source: The Standard: China's Business Newspaper

Far from the Ebola hot zone, the sewing and gluing machines at a factory in China have been whirring more than usual to produce ...
Source: The Standard: China's Business Newspaper   Full article at: The Standard: China's Business Newspaper
 

 
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8

2 weeks ago

Obama to confront China's Xi on cyber spying - U.S. officials

Nov 4 2014 11:43pm CST | Source: The Nation - Pakistan

(Reuters) - U.S. President Barak Obama will confront Chinese President Xi Jinping at talks in Beijing next week over deep U.S. concerns about cyber spying by China’s government and military and will insist that it be stopped, senior U.S. officials said on Tuesday. The officials, briefing reporters before Obama’s trip to Beijing for an Asia-Pacific s ...
Source: The Nation - Pakistan   Full article at: The Nation - Pakistan
 

 
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2 weeks ago

Asian shares sag, dollar steadies

Nov 4 2014 10:47pm CST | Source: Reuters India

TOKYO (Reuters) - Asian shares wilted on Wednesday as oil prices extended losses after weak economic data from China, while the dollar took a breather after this week's ...
Source: Reuters India   Full article at: Reuters India
 

 
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2 weeks ago

U.S. Company to Build Two China Hospitals

Nov 4 2014 10:26pm CST | Source: WSJ.com: Asia Home

Columbia Pacific Management of the U.S. is building two hospitals in China with an investment of up to $200 million, and plans to build more to tap demand from the country’s growing midd ...
Source: WSJ.com: Asia Home   Full article at: WSJ.com: Asia Home
 

 
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2 weeks ago

‘They Will Kill Your Baby in Your Face’—Chinese Activist Chen Guangcheng

Nov 4 2014 4:07pm CST | Source: Canada Free Press

WASHINGTON,—“In today’s China, under the communist rule, the government can put their hand into your body, grab your baby out of your womb, and kill your baby in your face.” These were the words of Nobel Peace Prize nominee Chen Guangcheng. Jailed, tortured and denied medical treatment for years in China, Chen exposed the rampant use of forced abortion and involuntary sterilization in the coerciv ...
Source: Canada Free Press   Full article at: Canada Free Press
 

 
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3

2 weeks ago

CHART: Despite Xiaomi's Explosive Growth, Samsung Is Still The Most Valuable Android Maker

Nov 4 2014 3:25pm CST | Source: Business Insider

Xiaomi, the so-called "Apple of China," is looking to raise money at a valuation between $40 and $50 billion. The discussions are still at an early stage, but it's still impressive considering Xiaomi is a 3-year-old company that's also the biggest smartphone maker in China and the fourth-largest smartphone maker in the world. Compared to other Android manufacturers, Xiaomi's proposed valuation would put it ahead of most of the ...
Source: Business Insider   Full article at: Business Insider
 

 
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2 weeks ago

Kerry Says U.S.-China Cooperation Is Essential

Nov 4 2014 2:44pm CST | Source: WSJ.com: Asia Home

Ahead of a presidential visit to China, Secretary of State John Kerry said Tuesday that it is imperative that Washington and Beijing work together on climate change and other areas, despite deep divisions on many issues, such as cyber theft and maritime security ...
Source: WSJ.com: Asia Home   Full article at: WSJ.com: Asia Home
 

 
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1

2 weeks ago

Xiaomi vs. Lenovo: The War Between China’s Top Smartphone Makers

Nov 4 2014 2:40pm CST | Source: Fool.com

Lenovo just toppled Xiaomi as the world’s third largest smartphone maker. What should investors know about these two top smartpho ...
Source: Fool.com   Full article at: Fool.com
 

 

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The Indo-Asian News Service (IANS) was established in 1986, initially to serve as an information bridge between India and its thriving diaspora in North America. Today it is a full-fledged, 24 by 7 agencies putting out the real-time news from India, South Asia and news of interest to this region around the world.

 

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