Title | China's Xi Jinping Negotiates $46bn Superhighway to Pakistan | |
Date | Monday April 20 2015, @06:55PM | |
Author | takyon | |
Topic | ||
from the group-of-two dept. |
China intends to invest $46 billion in infrastructure links to Pakistan:
The focus of spending is on building a China-Pakistan Economic Corridor (CPEC) - a network of roads, railway and pipelines between the long-time allies. They will run some 3,000km (1,865 miles) from Gwadar in Pakistan to China's western Xinjiang region.
The projects will give China direct access to the Indian Ocean and beyond. This marks a major advance in China's plans to boost its economic influence in Central and South Asia, correspondents say, and far exceeds US spending in Pakistan.
[...] Some $15.5bn worth of coal, wind, solar and hydro energy projects will come online by 2017 and add 10,400 megawatts of energy to Pakistan's national grid, according to officials. A $44m optical fibre cable between the two countries is also due to be built.
The Great Game lives. Different players, same game. Equally large implications. Diplomacy game geeks, awake! Who are the players, and what's the play?
Links |
printed from SoylentNews, China's Xi Jinping Negotiates $46bn Superhighway to Pakistan on 2025-04-24 04:00:30