China Proposes Most Expensive Component of the Belt and Road Initiative Yet!

China Proposes Most Expensive Component of the Belt and Road Initiative Yet!

Date:

China has set its eyes on Pakistan for a railway project that will “decrease reliance on the West” and potentially cost around $58 billion dollars. The railway would run from Western China right into Pakistan’s port of Gwadar.

China has been negotiating with many countries throughout the Middle East and Africa as part of their “Belt and Road” initiative which has strived to connect Chinese interests with the rest of the world while redirecting trade reliance from the West to China.

This specific project is said to potentially change the geopolitics of the world according to a Chinese journal called Railway, Transport, and Economy.

China has used the Belt and Road initiative to develop regions to strengthen their economic benefit to China. There is no set date for completion or funding, but the board of directors for the project is very confident the Chinese government will fund it.

 

Matthew Dellinger
Matthew Dellinger
Matthew Dellinger holds a Political Science and History BS and is working towards a Masters in Public Administration. Before his time at Atlas he joined GoodPolitical to serve as a writer and contributor while also expanding his knowledge on global events. Matthew is proud to be a part of a news organization that believes in delivering truthful, unfiltered, and unbiased news to people around the world.
- Sponsor -spot_img
- Sponsor -spot_img

Week's Top Stories

More In This Category
Related

Polish Prime Minister: No Longer Sending Arms to Ukraine, Focus on Arming Poland

In an interview with Polsat News today, Polish Prime...

Armenia Condemns “large-scale aggression against the people of Nagorno-Karabakh” by Azerbaijan

Armenia's Ministry of Foreign Affairs has released a statement...

Armenian FM Demands UN Peacekeeper Deployment to Artsakh

Speech at the UNSC Armenia's Foreign Minister, Ararat Mirzoyan, yesterday...

India Expels Canadian Diplomat Amid Escalating Tensions

What You Need To Know: India decisively expelled a senior...