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/

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

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