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Economy
New Silk Road Built by China Connects Asia to Latin America
2010-08-02
The high-speed rail link China Railway Construction Corp. is building in Saudi Arabia doesn't just connect the holy cities of Mecca and Medina. It shows how Asia, the Middle East, Africa and Latin America are holding the world economy together.
I guess Osama bin Ladin's daddy is only good for roads and bridges, not train tracks.
Ties between emerging markets form what economists at HSBC Holdings Plc and Royal Bank of Scotland Group Plc call the "new Silk Road" -- a $2.8-trillion version of the Asian-focused network of trade routes along which commerce prospered starting in about the second century.

Chart New Silk Road
Posted by:tipper

#4  ION YINA/JINA WAFF > [The Australian] NORTH KOREA ATTACKED SHIP OVER SOUTH'S "AID REJECTION".
Seoul's rejection of Milyuhns + Dilyuhns of tonnes of DPRK-requested SOKOR Fertilier + other econ goodies.

and

* CHINESE MIL FORUM > JAPAN TO BEEF UP SUBMARINES TO COUNTER CHINESE NAVAL POWER.

-----------

* WMF > US "INDEPENDENT COMMISSION" ON MILITARY AFFAIRS RECOMMENDS THE US NAVY INCREASE THE SIZE OF ITS FLEET TO 346 SHIPS IN ORDER TO SAFEGUARD WORLDWIDE US INTERESTS + PROTECT OPEN/FREE US ACCESS ACROSS THE WESTERN PACIFIC. ASIA NAMED AS A "RISING GLOBAL POWER".

* WMF >"DEFENCE TODAY" AUSTRALIAN MAGAZINE: "USS LOUISIANA" TRIDENT SUB DAMAGED [oxygen + pulp tanks]IN PLA BOMBING ATTACK WHILE TRYING TO OBSERVE PLA MILEX IN SOUTH CHINA SEA. PLA OFFER OF JOINT DAMAGE CONTROL ASSISTANCE REJECTED BY US NAVY IN ORDER TO PROTECT SENSITIVE TRIDENT-CLASS NAVAL TECHNOLOGY. PREEMPTIVE DEPLOYMENT BY CHINA OF UNDERWATER NAVAL MINES N MILEX AREA IN ANTICIPATION OF US OR FOREIGN ATTEMPTS TO CCOVERTLY COLLECT NAVAL OR MIL-RELATED INTELLIGENCE.
Posted by: JosephMendiola   2010-08-02 23:32  

#3  hey stupid bitch is a metaphor
Posted by: hunterkiller   2010-08-02 20:04  

#2  "New Silk Road Built by China Connects Asia to Latin America"

I wanna see the part that goes over the ocean....
Posted by: Barbara Skolaut   2010-08-02 19:12  

#1  1. a French company is involved in this project

2. it also going to serve the port of Jeddah

3. Current projection is for 3M passengers a day but it may be that a third to a half of them will be using the railroad during the week of the greater hajj (during the 12th month of the Islamic calendar). That would mean that on most days the usage would be about 1-3k but during the peak week, it would be 100-200k. Seems crazy.
Posted by: lord garth   2010-08-02 11:00  

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