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About the rail links: more important than the direct links, the Chinese rail (and road) construction industry quite consciously tries to expand all around the world, but, as recent developments showed, that is a risky business that may not suffice as replacement for the giant home market.

  • In Libya, a programme to build thousands of kilometres of railway to span the entire country was launched under Gaddafi, with China Railway Construction Corp getting a big chunk of it. But work is on hold ever since the rebellion started.
  • Chinese companies pursued mayor projects in a number of other African countries, complete with Chinese government loans in support, but problems arise. In Nigeria, there was a project on the Libyan scale that foundered when a new President came in. There is also a light rail project where funding was withheld from the Chinese contractors.
  • In the road construction sector, there is also a European example, a highway in Poland, where subcontractors closed ranks to ruin their business plans.


*Lunatic*, n.
One whose delusions are out of fashion.
by DoDo on Sat Jul 2nd, 2011 at 12:40:17 PM EST
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