Chinese Railways, Why? Part 1 of 9

Chinese Railways, Why? Part 1 of 9

9/12/2014 Umut Türker 2501 Times Read

I recently came across a print article that was similar to this one in which it was stated that the Chinese government is considering building a high-speed railway to the United States via the Bering Strait in Russia and Alaska.

However, the linked article is somewhat ambiguous and maybe even contradictory. The article was from the newspaper Russia Today, so it is obvious that that least some people in Russia are aware of the plans of the Chinese government. Furthermore, the article states that Wang Mengshu of the Chinese Academy of Engineering indicates that the Chinese and the Russians are already in discussions and that the Russians had been thinking of a similar plan for many years.

Another article appeared in the Wall Street Journal so it is obvious that at least some people in the United States are aware of the plans of the Chinese government. However, the RT article says that it is unknown whether or not there have been discussions with the United States officials. It certainly is unknown whether or not this enormous project is advantageous. From an economic point of view, it can be a boon; from a political point of view, it may be a bane. What will the American politicians decide? They do not always choose wisely nor what is in people’s best interests. The Chinese do hold USD1.263 trillion (that is USD1,263,000,000,000) in U.S. debt, so that is an enormous stick that they are holding.

A bigger mystery is that of the Canadian government.