orangesunset
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To carry over Russia due to the low price of oil, China has agreed to lend Russia money. In exchange Russia has given China concession to build a high speed railway across Russia, this will link Chinese factories directly to Europe. China eventually wants to construct a high speed railway into Africa.
Freight will be able to travel at twice the speed as sea, but at the same cost. That means China can drop goods off into Europe and on the return trip haul raw resources from Africa.
About the only loser in the game is USA. They are becoming more isolated, and their economy is suffering because of the low cost of oil.
China Is Becoming Russia's Economic 'Loan Shark' | VICE News
Freight will be able to travel at twice the speed as sea, but at the same cost. That means China can drop goods off into Europe and on the return trip haul raw resources from Africa.
About the only loser in the game is USA. They are becoming more isolated, and their economy is suffering because of the low cost of oil.
China Is Becoming Russia's Economic 'Loan Shark' | VICE News