Articles tagged “Silk Road”

Malaysia May Revive China-Backed High-Speed Rail Project

Malaysia May Revive China-Backed High-Speed Rail Project

Anisah Shukry and Anuradha Raghu, Bloomberg

Malaysia has been a tease. For months it has hinted that if China reduced the price tag by billions, it might once again support a high-speed rail project that is central to China's push into Southeast Asia. Hopefully, a deal will be announced soon.

2 days ago

Malaysia to Kill $20 Billion Train Project in a Blow to China

Malaysia to Kill $20 Billion Train Project in a Blow to China

Elffie Chew and Natnicha Chuwiruch, Bloomberg

The Malaysian government will likely cancel The East Coast Rail Link — which would connect Malaysia to Thailand — due to a price tag that's been spiraling upward. While new transport infrastructure is usually good, emerging economies must choose projects with care.

3 weeks ago

Central Asia’s New Silk Road Offers Vast Tourism Potential

Central Asia’s New Silk Road Offers Vast Tourism Potential

Nadejda Popova, Euromonitor International

Uzbekistan, Azerbaijan, and Kazakhstan meet chicken-and-egg. An effort to revive the old Silk Road could mean huge tourism potential for those countries whose economies for so long were dependent on natural resources, especially as outbound Chinese travel grows. But how projects and the timing line up will play a huge role.

2 months ago