Here comes the real economic stimulus from China. This enormous undertaking will provide jobs and will require massive amount of construction materials and metals for this infrastructure. Actually, China is talking about linking Singapore and U.S. Once even the shale oil will be gone, high-speed railways will allow the intercontinental travel in the future.
Commodities: China To Boost Investment In Latin America To $250 Billion Within Decade.
"We can see how China is positioning itself on the global chessboard in order to preserve the stability and economic growth in these challenging times. After announcement of $1 Trillion infrastructure development plans now comes the very logical step to secure commodities supply from Latin America to implement these plans. Read more."
Metals: China Fast-Tracks $1 Trillion in Projects to Spur Growth.
"Now we can put all China's world-wide acquisitions of the metal projects in the perspective. This huge stimulus plan for infrastructure development will need a secure supply of metals and China is already on the road to get it! Read more."
TNR Gold Los Azules Copper: Chinese M&A - Watch Out For Las Bambas Effect.
"Frik Els provides a very good insight into the Chinese deal culture and mining M&A particularly. Las Bambas deal is not only the very good indicator of the turning mining cycle, but also provides guidance for the smaller companies in China to go on The Hunt For Copper and other commodities. You can witness this approach in our particular case of Strategic Commodities with International Lithium and Ganfeng Lithium as well. Read More."
"China is going to build a $242 billion (1.5 trillion yuan) high-speed rail link between Beijing and Moscow. The line will cut the journey time from five to 'two days', say Chinese authorities.
The railway will be 7,000 kilometers long and go through Kazakhstan, reports Bloomberg citing Beijing’s city government on the social networking site Weibo, China’s alternative to Twitter. The railway will make travel easier between Europe and Asia, the statement said.
China is actively promoting its high-speed railway technology and sees Russia as an especially attractive market because of its strained relations with Western countries over Ukraine.
In October 2014 Russia and China signed a memorandum of understanding over a high-speed railway connection. Russian Railways then reported that its purpose was to plan for a high-speed Moscow - Beijing Eurasian transport corridor.
The project was more interesting because of the $400 billion deal signed in May for Russian gas giant Gazprom to build a pipeline and start gas supplies to China.
First Vice President of Russian Railways Alexander Misharin said in November that the plan would cost $60 billion to reach the Russian border and that the journey from Moscow to Beijing could be done within 30 hours. The fastest route currently takes at least 5 days.
Misharin expected construction would take from 8 to 10 years. He compared the new railway network to the Suez Canal “in terms of scale and significance.”
The railway will be 7,000 kilometers long and go through Kazakhstan, reports Bloomberg citing Beijing’s city government on the social networking site Weibo, China’s alternative to Twitter. The railway will make travel easier between Europe and Asia, the statement said.
China is actively promoting its high-speed railway technology and sees Russia as an especially attractive market because of its strained relations with Western countries over Ukraine.
In October 2014 Russia and China signed a memorandum of understanding over a high-speed railway connection. Russian Railways then reported that its purpose was to plan for a high-speed Moscow - Beijing Eurasian transport corridor.
The project was more interesting because of the $400 billion deal signed in May for Russian gas giant Gazprom to build a pipeline and start gas supplies to China.
First Vice President of Russian Railways Alexander Misharin said in November that the plan would cost $60 billion to reach the Russian border and that the journey from Moscow to Beijing could be done within 30 hours. The fastest route currently takes at least 5 days.
Misharin expected construction would take from 8 to 10 years. He compared the new railway network to the Suez Canal “in terms of scale and significance.”
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