02 Jan '18, 12am

China's ambitious new 'port' in landlocked Kazakhstan - The Straits Times

KHORGOS, Kazakhstan (NYTimes) - China's largest shipping company has poured billions of dollars into buying seaports in Greece and other maritime nations around the world. But the location of its latest foreign investment has given a curious twist to the expanding ambitions of the China Ocean Shipping Co.: The nearest ocean is more than 2,570 km away. The state-owned Chinese shipping giant, known as COSCO, became the 49 per cent owner this past summer of a patch of frost-covered asphalt bisected by railway tracks and lined with warehouses in landlocked Kazakhstan. The barren wilderness close to the border with China stands near the Eurasian Pole of Inaccessibility, meaning that nowhere on the landmass of Europe and Asia is more distant from the sea. But it is here, where huge, Chinese-made cranes load containers onto trains instead of ships, that China and Kazakhstan are e...

Full article: http://www.straitstimes.com/asia/east-asia/chinas-ambitio...

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