ASSESSMENTS

Chinese Rail: Fostering Regional Change With Global Implications

May 26, 2015 | 09:15 GMT

A high-speed train travels on the railway to Beijing in Nanning, southern China's Guangxi province on June 13, 2014.
A high-speed train travels on the railway to Beijing in Nanning, southern China's Guangxi province on June 13, 2014.

(AFP/GETTY IMAGES)

Key Points

  • China's economy can no longer be sustained by low-end manufacturing exports.
  • Beijing is seeking to increase its overseas sales of railway equipment and infrastructure.
  • By funding and encouraging rail projects worldwide, China hopes to stimulate global markets. Beijing's investment in Latin America is part of this plan. 
  • China is diversifying its trade routes, especially in its near abroad, through what is known as the “belt and road” initiative.
  • By improving existing land and sea trade routes as well as establishing new ones, Beijing hopes to secure and reinforce the country's influence over the coming decades.

Through its funding of rail projects worldwide, China hopes to stimulate global markets. Beijing's investment in Latin America is part of this plan. By improving existing land and sea trade routes as well as establishing new ones, Beijing hopes to secure and reinforce the country's influence over the coming decades....

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