World Bulletin / News Desk
A Chinese firm announced that is it preparing to spend up to $150 billion on a huge high-speed rail project which will link China's autonomous province of East Turkestan (Xinjiang) to Turkey across Central Asia.
CSR chairman Zhao Shiaoyang said that the 6,000 kilometer-long train line will cut across Kyrgyzstan, Tajikistan, Uzbekistan, Turkmenistan and Iran all the way to Turkey, the China Daily newspaper reported.
Saying that most of the line will be open to service by 2020, the CSR chief said it would be complete by 2030, calling the project the 'New Silk Road'.
The line will enable commuters to travel up to 200 kilometers an hour across the Asian continent, while freight trains will have a speed to 160 kilometers an hour.
While experts noted that finansors in Pekin would be very generous in supporting the project, they also noted that geo-political compromise would need to be achieved between central Asian states in order for the project to become a reality.
Currently China exports around $4 trillion of goods annually, half of which is imported by Europe, the Middle-East and central Asia. However, the trade is largely dependent on sea routes.
However, China has been involved in a dispute with neighboring countries Japan, Philippines and Vietnam over territorial waters in the Pacific, as increased co-operation between the far-eastern US allies threatens China's sea borders.
This has consquently added importance to the central Asian rail project, which is likely to join with Turkey's own national high-speed train project which will reduce traveling time between the capital Ankara and biggest city Istanbul to just 3.5 hours.
The Ankara-Istanbul line is due to open on July 11 after two delays and technical problems during testing.
The first update of the U.S.-Japan defense cooperation guidelines since 1997, the revisions will reflect the biggest change in Japanese security policy in decades.
A new earthquake following Saturday's earthquake in Nepal has occurred in India
China new draft allows foreign NGOs to open branch. The first draft barred foreign NGOs from activities that violate "Chinese society's moral customs" and from setting up branches in China under any circumstances.
Lawyer for Australians in Indonesia told Indonesia's Constitutional Court has agreed to consider a last-ditch legal challenge brought by two Australian death row convicts
Aid agencies increasingly concerned about lack of access to clean water, sanitation in earthquake aftermath.
Officials said hundreds of Taliban members had attacked police and army checkposts in the province of Kunduz, President Ashraf Ghani to delay a state visit to India.
Allegations were made regarding the Indonesian judges request for money to alter death sentences
Prime Minister Datuk Seri Najib Razak when addressing the opening of the 26th Asean Summit, here today emphasised that 2015 would be a milestone in the history of Asean as the vision of creating a single community would be realised by year end.
Weeding out corruption in the military is a top goal of President Xi Jinping, chairman of the Central Military Commission, which controls China's 2.3 million-strong armed forces.
The male suspects, aged 17 to 41, were arrested on Saturday and Sunday in Ulu Langat and Cheras, suburbs near Kuala Lumpu
Roads leading out of the mountain valley city of one million were jammed with people, many with babies in their arms, trying to climb onto buses or hitch a ride aboard cars and trucks.
Insurgency-plagued region bordering Malaysia recently shaken by bombings and shooting on daily basis.
Presidents of Myanmar and Philippines say ‘people-to-people connectivity’ crucial for Southeast Asian economic community.
Foreign Secretary warns ASEAN foreign ministers that China ‘poised to consolidate de facto control’ of South China sea.
Officials say Southeast Asian and European blocs will clarify potential advantages, challenges of proposed free trade agreement.
Around 20 lawmakers and senate members gather in Karte Char region to show their opposition to any kind of pressure on Turkey.