Railways

This tag is associated with 23 posts

India Provides $1 Billion Credit Line To Mongolia, Upgrades Relationship To Strategic Partnership

Indian Prime Minister Narendra Modi on Sunday announced a $1 billion line of credit to Mongolia in addition to upgrading the relationship of the two countries from comprehensive to “strategic partnership”. India will provide Mongolia with a $1 billion line of credit to help the nation fund railway, power, and other infrastructure projects,  a much-needed boost for the east-central … Continue reading

China To Invest $50 Billion In Brazil Infrastructure, Primarily To Construct Brazil-Peru Rail Link

China is set to invest $50 billion in new infrastructure projects across Brazil in a move that could be a big boost to bilateral ties. “There are about $50 billion in new projects. We need to wait till the end of the visit to specify the [exact] figures and what kind of projects it will be,” Brazil’s Foreign Minister Jose Alfredo Grasa Lima told … Continue reading

New Railway Between China And Nepal May Tunnel Under Mount Everest

As China pushes to develop its new Silk Road, a new railway between China and Nepal is under construction, and it could include a tunnel that will be built under Mount Everest, AFP reports, citing the China Daily newspaper. The Qinghai-Tibet railway already links the rest of China with the Tibetan capital Lhasa and beyond, and a new extension … Continue reading

China, Kazakhstan Sign 33 Deals Worth $23 Billion

China and Kazakhstan have signed 33 deals of cooperation worth $23.6 billion on Friday during the Kazakhstan Prime Minister Karim Masimov’s visit to China, Chinese state-run Xinhua news agency reports. The agreements signed by Kazakh Prime Minister Karim Masimov and Chinese Premier Li Keqiang cover cooperation on steel, non-ferrous metals, sheet glass, oil refining, hydropower, and automobile … Continue reading

Russia Unveils Plans For High-Speed Railway And Superhighway To Link Europe, Asia, And The U.S.

Russia has unveiled a very ambitious plan to construct a transport route that could potentially link London with the United States via high-speed rail and a superhighway. According to the the Siberian Times, Russia’s proposed intercontinental link, which has been dubbed the Trans-Eurasian Belt Development (TERP), would see a high speed railway and motorway built from Eastern Europe across Siberia and … Continue reading

China’s Next Big Opportunity In Supply-Chain Logistics: Container Shipping By Rail

The transportation of containers by rail could grow substantially in China, particularly if the nation continues to adopt operating practices and regulatory reforms that have boosted the development of the North American rail network, according to a new research paper from The World Bank. Measures that include the ability of rail operators to tailor service offerings that … Continue reading

Mongolia: The Future Of Eurasia?

By Neil Thompson, Geopolitical Monitor The country of just 2.8 million is encased between her two giant neighbors, Russia to the north and China to the south. For most of the twentieth century Mongolia was, like many Eastern European states, part of the Soviet empire. Then in 1990 the withdrawal of the Soviet military and of Russia’s … Continue reading

China And Russia To Boost Bilateral Economic Cooperation In Energy, Transport, Far East Development

Russia and China will boost bilateral economic cooperation in the fields of energy, transportation, and development of the Far East, China’s Foreign Minister Wang Yi said on Sunday, TASS news agency reports. The two nations are aiming to increase bilateral trade to $100 billion in 2015, in addition to signing agreements on the Silk Road … Continue reading

China Sets 2015 GDP Target At “About 7%”, Announces Raft Of Proposals To Support Economy

China has lowered its economic growth forecast to “about 7 percent” in 2015 at the opening of its annual meeting of parliament, the National People’s Congress — the nation’s biggest yearly political event — which started on Thursday and generally lasts about 10 days. Chinese Premier Li Keqiang said on Thursday that China will set its official 2015 economic growth target, or gross domestic product … Continue reading

“India About To Takeoff” As 2015-16 GDP Seen Between 8% to 8.5% – India’s 2015 Budget Recap

India is “about to takeoff” with economic growth seen around 8 to 8.5% in the fiscal year that is about to start in April, and as aiming for double-digit economic growth now seems feasible, according to India’s Finance Minister Arun Jaitley, Reuters reports. Jaitley, presenting the Indian government’s full-year budget on Saturday in Parliament, announced a budget that … Continue reading

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