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☆ Malaysia Open to Extending China-Led Rail Project to Thai Border
▼ + stars: | 2024-03-28 | by ( March | At A.M. | ) www.usnews.com time to read: +2 min

KUALA LUMPUR (Reuters) - Malaysia's government has said it would consider extending a $10 billion China-led rail project to its border with Thailand to boost economic ties between the Southeast Asian neighbours. Part of China's Belt and Road Initiative, the 665-kilometre (413-mile), 50.27 billion ringgit ($10.63 billion) railway is on track to connect the east and west coasts of peninsular Malaysia by the end of 2026. Malaysia's Transport Minister Anthony Loke said on Wednesday the government was open to proposals to extend the track to the border with Thailand, for further integration into existing railway networks or future infrastructure developments. Thailand also has plans to invest in a massive land bridge project in the country's south to boost growth and global trade. The bridge would bypass the congested Strait of Malacca, a narrow sea lane between Malaysia and Indonesia.

Persons: Anthony Loke, Loke, Danial Azhar, Panu, Kanupriya Kapoor Organizations: Reuters, Initiative, Malaysia's, Malaysia's Senate, Malaysian, China Communications Construction Co Locations: KUALA LUMPUR, China, Thailand, Malaysia, Malacca, Indonesia, Bangkok

COLOMBO, Sri Lanka (AP) — The U.S. announced a $553- million project Wednesday to build a new, deep-water shipping container terminal in the Port of Colombo as it competes with China in international development financing. The U.S.-backed financing comes at a time when Sri Lanka is struggling to recover from a dire financial and economic crisis. Sri Lanka borrowed heavily from China to build the port and other infrastructure including an airport and a city being built on reclaimed land. Both neighboring India and China are jostling for influence in Sri Lanka and both have already invested in expanding facilities at the Colombo port. Colombo port also has a terminal run by China Merchants Port Holdings.

Persons: ”, Scott Nathan, Sri Lanka’s John Keells, Lanka’s, Wang Wenbin, William & Mary, AidData, China's, saysChina, Bradley Parks, “, ” ___ Didi Tang Organizations: South, U.S . International Development Finance Corp, West, Local, Sri, Sri Lanka’s John Keells Holdings, Initiative, Foreign Ministry, China Merchants Port Holdings, CHEC Port City Colombo Co, China Communications Construction Company, William & Locations: COLOMBO, Sri Lanka, U.S, Port, Colombo, China, Bay, Bengal, Beijing, Hambantota Port, Hambantota, India, oceanside, Port City, Virginia, “ Beijing, Washington

☆ China's latest addition to its disputed South China Sea outpost: a hot pot restaurant
▼ + stars: | 2023-05-03 | by ( Laura Zhou | South China Morning Post | ) www.businessinsider.com time to read: +4 min

The restaurant opened in late April and can seat 120 at once, the local government says. Woody Island, known as Yongxing in China, is the largest outcrop in the group of about 30 islands making up the Paracels. The government, headquartered on Woody Island, administers both the Paracels and the also hotly contested Spratly island chain, which China calls the Nansha Islands. A satellite photo of Woody Island in March 2018. The centre is also seen as a way to demonstrate Beijing's sovereignty in the region by linking underwater artefacts from the South China Sea — "an important section of the Maritime Silk Road" — to Chinese cultural heritage.

☆ Shanghai island to host 3,250-bed COVID quarantine facility
▼ + stars: | 2022-10-19 | by ( ) www.reuters.com time to read: +1 min

SHANGHAI, Oct 19 (Reuters) - Shanghai plans to build a 3,250-bed COVID-19 quarantine facility on a small island close to its city centre as China stands by its stringent zero-COVID controls, rather than relaxing curbs as many other countries have done. Register now for FREE unlimited access to Reuters.com RegisterThe Shanghai government did not immediately respond to a request for comment on Wednesday. Shanghai, like other Chinese cities, has continued to battle sporadic outbreaks with repeated mass testing and targeted lockdowns. The southern metropolis of Guangzhou has a 5,000-bed quarantine centre that is mainly meant for travellers entering China from abroad. ($1 = 7.2236 Chinese yuan renminbi)Register now for FREE unlimited access to Reuters.com RegisterReporting by Brenda Goh; Editing by Kenneth MaxwellOur Standards: The Thomson Reuters Trust Principles.

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