Not exact matches
Some worry
China's high - speed rail experiment will lead to a debt crisis, since the mammoth
project has already saddled
China's
railway ministry with US$ 150 billion in debt.
99 «Belkomur nashyol investor» [Belkomur found investors], Gudok, May 30, 2017, http://www.gudok.ru/newspaper/?ID=1375080&archive=2017.05.30; «Proekty stroitel «stva «Belkomura» i glubokovodnogo porta predstavleny ministerstvam i krupnym korporatsiyam KNR» [«Belkomur» and the deep water port construction
projects were presented to ministries and large corporations of the PRC], Government of Arkhangelsk Oblast, September 4, 2017, http://dvinanews.ru/-rar64b74; Thomas Nilsen, «
Railway, Port on Agenda for
China's Vice Premier in Arkhangelsk,» Independent Barents Observer, March 27, 2017, https://thebarentsobserver.com/en/industry-and-energy/2017/03/
railway-port-agenda-chinas-vice-premier-arkhangelsk.
According to J.P. Morgan, in December and January,
China announced tax benefits on interest income for
railway bondholders, issued bonds for
railway projects, and injected cash into the two largest train makers.
China has frozen approval of new
railway projects and halted some bullet train manufacturing, stepping up an overhaul of its controversial high - speed network after a July collision that killed 40 people.
The sector that saw the greatest amount of investment in
China was transport ($ 13 billion), including a $ 6.9 billion
railway project and two expressway
projects worth $ 2 billion and $ 1.8 billion, respectively.
Now 1MDB has agreed to sell 60 percent of one of Kuala Lumpur's biggest real - estate
projects, a 486 - acre site called Bandar Malaysia that will become a key transport hub, to Iskandar Waterfront Holdings and its partner, state - run
China Railway Engineering, for 7.4 billion ringgit.
«
China Exim supported
projects; Lagos - Kano modernisation
projects, Lagos - Ibadan segment $ 1.231 billion; Lagos - Kano
railway modernisation
project, Kano - Kaduna segment $ 1.146 billion and coastal
railway project, the Lagos - Calabar segment 3.474 billion, making a total of 5.851 billion.
The letter reads, «I wish to refer to my earlier letter with respect to the above subject and to inform the distinguished senate that the
China Exim bank has approved our request for a loan to execute the Lagos - Kano
railway modernisation
project, Lagos - Ibadan segment for a sum of $ 1.231 billion.
«The
China government has also informed us that the approval of the Lagos - Kano
railway modernisation
project, Kano - Kaduna segment and coastal
railway project, the Lagos - Calabar segment are imminent.
President Buhari is currently on a state visit to
China to discuss trade relations and to particularly acquire a $ 2 billion loan for
railway projects.
Even without the environmental drive, new
railways from mines to ports, falling investment in coal - fired generation and slowing power demand growth could see
China's miners export some of their surplus output at competitive prices, hitting regional miners and the viability of new
projects.
Since the Communist Party signaled its intention to create a national park system in a 2013 planning document, the government has banned logging in Jilin and Heilongjiang provinces, canceled a highway
project that would have bisected big cat habitat, and rerouted a high - speed
railway connecting
China to Vladivostok, a city on Russia's Pacific coast.
This is one of the reasons Erie, Pa. — based GE Transportation inked a deal on last week with
China's Ministry of
Railways to better learn how to develop high - speed rail
projects in the U.S. View a slide show of international high - speed rail lines for a closer look at how these
projects have developed around the world
Efficiency abounds in
China as the world's largest building integrated photovoltaic
project prepares to power the
railway station where some of the world's fastest high speed trains pass through.
Forget Chinatown; this could turn water tensions into water wars.The basics The
project, meant to solve the north's serious water woes, would involve engineering feats on one edge of the earthquake prone Qinghai - Tibetan Plateau in western
China, some 3,000 to 5,000 meters (9,800 to 16,400 feet) above sea level, much like the Qinghai - Tibet
railway.
Yu Hailong, general manager of the
China Energy Conservation and Environmental Protection Group (CECEP), the
project's developer, said in July that the BIPV technology will «help stimulate the development of solar energy in
China and promote the construction of more environmentally friendly
railway stations».