China has proposed its most expensive Belt and Road Initiative (BRI) to date with a $58 billion railway system that would connect Pakistan to Western China to further reduce Western trade dependence, says a report.
The $57.7 billion plan was reviewed by analysts from the state-owned China Railway First Survey and Design Institute Group Co Ltd, which has determined that despite its hefty price tag the investment is worth it, according to the Hong Kong-based South China Morning Post.
The 3,000-km railway line will connect Pakistan’s port of Gwadar to the Chinese city of Kashgar in the Xinjiang Uygur autonomous region and has the potential to reshape not only trade but geopolitics, according to the proposal’s review board.
https://twitter.com/AuthorityGwadar/status/1651820469404966912?t=HxOhOf_tInFXH8U5YMxuBQ&s=08
The proposed railway will link China’s western regions with the Arabian Sea, bypassing the Strait of Malacca and reducing dependence on the South China S...