This is part of China’s investments in transport infrastructure around the world to ensure it can get raw materials to China and finished goods to far-off markets. In the end, this is about growing China as a global power.
New York Times:
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 big foreign investment has given a curious twist to the expanding ambitions of the China Ocean Shipping Company: The nearest ocean is more than 1,600 miles away.
The state-owned Chinese shipping giant, known as COSCO, became the 49 percent 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 embracing what they see as the new frontier of global commerce.
From CIW NEWS Contributor
Kazakhstan (KZ) is estimated to have a population of 17.8 million with a growth rate during 2010-2015 of 1.6% pa.
At the same rate of change, in five years' time its population will increase by 1.5 million.