ADVERTISEMENT
On Demand News
  • Login
  • Home
  • National
  • International
  • Business
  • Entertainment
  • Lifestyle
  • Sports
  • Tech
  • Law
  • On demand special
  • Culture & Beliefs
  • Videos
  • Others
No Result
View All Result
  • Home
  • National
  • International
  • Business
  • Entertainment
  • Lifestyle
  • Sports
  • Tech
  • Law
  • On demand special
  • Culture & Beliefs
  • Videos
  • Others
No Result
View All Result
On Demand Newz
No Result
View All Result
  • Home
  • National
  • International
  • Business
  • Entertainment
  • Lifestyle
  • Sports
  • Tech
  • Law
  • On demand special
  • Culture & Beliefs
  • Videos
  • Others
ADVERTISEMENT
ADVERTISEMENT
Home International

China and Pakistan to build $58 billion railway network

China and Pakistan have announced that they are planning to build $58 billion rail network for trade purposes

Harsh Mishra by Harsh Mishra
May 3, 2023
in International, News, Politics, Politics, World
0
China and Pakistan to build $58 billion railway network
0
SHARES
3
VIEWS
Share on Facebook
ADVERTISEMENT

China and Pakistan have announced plans to build a railway system connecting Pakistan’s port of Gwadar to the Chinese city of Kashgar in the Xinjiang Uygur autonomous region. The railway system, known as the China-Pakistan railway, is China’s biggest transport project to date, costing an estimated $58 billion.

The railway aims to reduce Western trade dependence and is part of China’s Belt and Road Initiative to solidify its position as a world superpower and encourage global domination in the trade sector, while diminishing Western power. China has already invested over $60 billion in the China-Pakistan Economic Corridor.

The project is expected to reshape trade and geopolitics, and may eventually lead into Jalalabad in Afghanistan, providing rail links from the Afghanistan capital Kabul to the Indian Ocean.

ADVERTISEMENT
Map above shows the railway line project between China and Pakistan

The Chinese team of analysts stated in a report earlier this month in the Chinese journal Railway Transport and Economy that “the government and financial institutions should provide strong support, increase coordination and collaboration among relevant domestic departments, strive for the injection of support funds, and provide strong policy support and guarantees for the construction of this project.”

Although the railway connecting China to Pakistan would be China’s largest transportation project to date, the Institute has worked on other significant international rail systems, including Indonesia’s Jakarta-Bandung high-speed rail line, which is set to open in June and is Asia’s first high-speed rail system.

This move by China comes amidst the high tensions with the United States. In past few months, China has conducted several military drills near Taiwan. However, the Biden Administration has wowed to take a swift action against China if it invades Taiwan. Since the warning by the United States, the tensions between China and the United States have been increased at an alarming rate.

 

Tags: chinachina pakistan economic corridorpakistanrailwaytaiwanUnited Statesusa
Previous Post

Famous Director-Actor Manobala passes away at age 69.

Next Post

Reasons Why the Supremacy of US Dollar is Still Intact

Harsh Mishra

Harsh Mishra

Next Post
Reasons Why the Supremacy of US Dollar is Still Intact

Reasons Why the Supremacy of US Dollar is Still Intact

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Pages

  • About us
  • Business Law
  • Cultural & beliefs
  • Home
  • Law
  • Privacy Policy
ADVERTISEMENT

Browse by Category

  • Apps
  • Business
  • Business
  • Corporate Law
  • Culture & Beliefs
  • Editorial
  • Entertainment
  • Fashion
  • Food
  • Gadget
  • Gaming
  • Health
  • International
  • Law
  • Lifestyle
  • Mobile
  • Movie
  • Music
  • National
  • News
  • ON DEMAND SPECIAL
  • Others
  • Politics
  • Politics
  • Review
  • Science
  • Sports
  • Startup
  • Tech
  • Travel
  • Uncategorized
  • Videos
  • World
  • Home
  • National
  • International
  • Business
  • Entertainment
  • Lifestyle
  • Sports
  • Tech
  • Law
  • On demand special
  • Culture & Beliefs
  • Videos
  • Others

© 2023 On Demand Newz by Anjali Rangnekar.

No Result
View All Result
  • Home
  • National
  • International
  • Business
  • Entertainment
  • Lifestyle
  • Sports
  • Tech
  • Law
  • On demand special
  • Culture & Beliefs
  • Videos
  • Others

© 2023 On Demand Newz by Anjali Rangnekar.

Welcome Back!

OR

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Translate »